The couple allegedly involved in the luxury goods scam, involving undelivered items worth $32 million, have been arrested in Malaysia and are back in Singapore.
The Singapore Police Force said Pi Jiapeng, 26, and Thai national Pansuk Siriwipa, 27, returned to Singapore on Thursday (Aug 11) and will face charges of criminal conspiracy to commit cheating and illegal departure from Singapore.
“The Singapore Police Force (SPF) has been working closely with various foreign law enforcement agencies to secure the couple’s return to Singapore. A Warrant of Arrest was issued against the couple on July 16,” said the police.
SPF said they received information on Wednesday (Aug 10) from the Royal Thai Police the couple may be putting up at a hotel in Johor Bahru, Malaysia.
“The SPF immediately sought the assistance of the Royal Malaysia Police to locate the couple. The Warrant of Arrest was executed by the Royal Malaysia Police in Johor Bahru on Aug 11,” said SPF.
The couple will be charged in court on Friday. Investigations are ongoing.
“The Singapore authorities will do whatever is necessary and permissible under Singapore law to pursue and bring to justice those who commit crimes in Singapore, regardless of where they might have fled to. We will also not hesitate to take firm action against fraudsters,” said SPF.
The authorities said last month the couple had fled Singapore in a container compartment of a lorry on July 4.
The police had earlier said Pi Jiapeng had been arrested on June 27 for his suspected involvement in cheating offences. His passport had been impounded and he was released on bail the next day.
His wife, Pansuk Siriwipa, was not arrested then but was assisting with police investigations. She had surrendered her passport on June 30.
The couple then became uncontactable and fled Singapore on July 4.
The police had said last month at least 180 reports have been lodged since June against the couple. Their victims claimed they had made advance payments for luxury watches or luxury bags to the couple, who failed to deliver them.
The Straits Times spoke to 15 victims in July, many of whom said they were regular customers of the couple’s two businesses, Tradenation and Tradeluxury.
The Ministry of Law (MinLaw) said last month that Tradenation was registered as a precious stones and precious metals dealer on April 2.
Registered dealers are regulated by the Registrar of Regulated Dealers only for anti-money laundering and countering the financing of terrorism purposes, said the MinLaw spokesman.
He added that at the point of registration, there were no grounds to refuse it.
MinLaw said it had suspended Tradenation’s registration due to the ongoing police investigations.
Items customers had paid for but did not get include Rolex and Patek Philippe watches and Hermes bags.
One victim said he paid the couple $280,000 for a Patek Philippe watch and two Rolex watches. He said he was willing to fork out such a large sum of money without viewing the goods as he trusted them and had successful purchases with them previously.
ST reported last month that Siriwipa had allegedly conducted a similar ruse in Thailand and was investigated by Thai authorities in 2019.
Timeline of events:
December 2019: Pi meets Siriwipa on Tinder. Within a week, she pays off his gambling debt.
August 2020: They move into a condominium in Bukit Timah with Pi’s mother.
September 2020: They get married.
April 2021: They start Tradenation and Tradeluxury to trade in luxury goods.
October 2021: They move into a landed property near Holland Grove.
April 2, 2022: Tradenation is registered with the Ministry of Law (MinLaw) as a precious stones and precious metals dealer. MinLaw had said that at the point of Tradenation’s registration, there were no grounds to refuse it.
June 1: Customers notice delays in receiving their goods and confront the couple.
June 11: To address this, Pi and Siriwipa set up a Telegram chat group for customers.
June 27: Pi is arrested and his wife is called up for police investigations. More than 180 reports have been made claiming luxury items worth more than $32 million were undelivered.
June 28: Pi is released on bail.
June 30: Siriwipa passport is impounded.
July 4: The couple flee Singapore into Malaysia in a Malaysian-registered lorry.
July 15: Malaysian national Mohamed Alias, 40, is charged in court with helping Siriwipa escape. He is said to have driven the vehicle carrying the fugitive couple at Tuas Checkpoint’s departure cargo section on July 4.
July 19: The Singapore police say warrants of arrest and Interpol red notices have been issued against the couple.
July 22: Mohamed Alias is charged with helping Pi flee.
July 29: A second Malaysian man, 38, is arrested in Malaysia. He had allegedly worked in conspiracy with Mohamed Alias to help the couple flee Singapore.