An elderly man managed to cheat Central Provident Fund (CPF) Board into paying him monthly payouts after convincing the CPF board that the elderly man and his wife is earning only $1,000 a month.
A total of $86,000 was disbursed to 71-year-old Tan Kah Poh and 70-year-old Toh Poh Choo in the course of 10 years.
Tan wanted to take advantage of a grant and submitted CPF payments from a company, which indicated that Toh was employed receiving a $1,000 salary a month.
STOMP reported that the company was not active and they make use of the CPF records to be eligible for the CPF top-ups.
Tan wanted to double the monthly payouts and started submitting his own name as well.
This goes on for over a decade and Tan was finally caught.
He was sentenced to 18 weeks in jail.