Singapore car salesman jailed for gambling away $280k Maserati deposit
According to Asia One, Allan Tan Buan Yuen was selling a Maserati in 2011. He told the customer that the car would take six months to arrive and cost 650,000 Singapore dollars ($522,000). While that may sound high, cars in the Asian country are notoriously expensive.
Yuen asked for a deposit of 150,000 Singapore dollars ($120,400), but instead of handing the money to the dealer, he placed the funds in his own account. Apparently, the customer didn't notice, and over the next few months Yuen received an additional 200,000 Singapore dollars ($160,400) towards the car from him. Clearly, this ruse couldn't last forever, though. When the buyer eventually inquired about his Maserati months later, Yuen admitted that he had already gambled away the entire fortune.
Yuen saw it wasn't worth fighting and pled guilty to his crime. The judge appeared to show some lenience, as well, because, according to Asia One, the maximum sentence could have been 15 years in prison and a fine. At just under three years behind bars, Yuen received only a fraction of that.
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