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Wednesday, May 7, 2025
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MASTERMIND OF ONE OF S’PORE’S BIGGEST RENTAL SCAMS, JAILED FOR CHEATING $383K FROM 68 VICTIMS

Zeng Xianfu Gibson, a 29-year-old former sales executive at a rental company, has been sentenced to three years and seven months in jail for his involvement in a large-scale rental scam that defrauded 68 victims of nearly S$383,000 (US$280,000). The sentencing was handed down in court on Wednesday, according to The Straits Times.

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Zeng pleaded guilty to 23 charges of cheating, while an additional 39 charges were considered in the proceedings.

Background

The court heard that Zeng had been employed as a sales executive at the Singapore Housing Company, specializing in the rental of units in Singapore, between 2018 and 2020.

During his employment, Zeng was tasked with photographing rental units and arranging viewings for potential clients.

However, following his departure from the company, he misused the images he had taken by listing these units on Airbnb, despite lacking the authority or capacity to lease the advertised properties.

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To make his fraudulent listings appear legitimate, Zeng supplied actual unit images and concocted bogus tenancy agreements for the unsuspecting victims.

The victims hailed from various countries, including the United States, France, South Africa, Germany, India, China, Portugal, Israel, Denmark, Switzerland, and Singapore.

Victim paid to rent unit, ended up had to stay in hotel

Court documents revealed that Zeng’s victims were duped into paying “deposits” ranging from S$7,000 to S$16,635 after responding to his fraudulent Airbnb listings in 2022. Among these victims were international students and locals seeking short-term accommodations.

One victim from Israel had arranged for Zeng to pick her up at Changi Airport, but he never appeared and failed to provide her with any rental space or a refund upon her arrival.

When it came time for most victims to move into their supposed units, Zeng would fabricate excuses, often citing that the outgoing tenant had contracted COVID-19. These falsehoods left many victims in a state of uncertainty and led to financial losses, with one victim even having to book a hotel stay as a result.

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Multiple police reports were filed against Zeng, leading to his initial arrest in February 2022. However, after being released on station bail that same day, he continued to defraud others.

He was arrested again five months later, charged in court, and yet again resumed his illegal activities upon being released on court bail.

Finally, in October 2022, his bail was revoked, and he has been in remand since.

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