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: A Indian-origin former director of a shipbuilding company was sentenced to five years in jail here for cheating a financing firm of over SGD 1.3 million in 2016, a media report said. Vignish Vijelal, 36, was sentenced to jail on Monday for cheating Capital March Platform (CMP), an invoice financing platform, multiple times in 2016 through factoring agreements, using ten fake invoices, according to the Straits Times newspaper.

(09-02-2023, 09:15 AM)Scythian Wrote: [ -> ]: A Indian-origin former director of a shipbuilding company was sentenced to five years in jail here for cheating a financing firm of over SGD 1.3 million in 2016, a media report said. Vignish Vijelal, 36, was sentenced to jail on Monday for cheating Capital March Platform (CMP), an invoice financing platform, multiple times in 2016 through factoring agreements, using ten fake invoices, according to the Straits Times newspaper.