Preparation to Protect Everyone
I’m so sleepy.. I’m so hungry… I’m so tired…
But I can’t sleep. Every time the thought of that bastard using turning in to drag everyone down with him makes my blood boil and wakes me up instantly.
I’ve spent the whole night reading news articles and journals on bank loans frauds in sg. But most of these frauds touched on personal or corporate loans. Very few reported cases on housing loans… but it still looks very grim, especially when you are the main recipient of the loan. All reported cases shows the main recipient of the loan all has been sentenced with both fines and jail term…
No, I can’t let you go to jail. Not my Em Yeu. We really shouldn’t have trusted this asshole… it’s my fault. I should have found Sharon sooner… I’m so sorrie Em Yeu…
We should have cut off ties with him the 1st time he used you to threaten me over the stupid legal loan quarrel. I shouldn’t have continued trusting this bastard.
So I continued to read up the laws on frauds. Then I realized something based on my limited knowledge on laws, there is a difference between criminal court and civil court. Criminal court is when we committed a crime and the state prosecutes us, but civil court is when there is a dispute between non-government bodies, companies and/or individuals, like banks.
It means, if OCBC may not choose to sue you, and you may not lose your bank loan as long as you keep paying back your loan as they may choose to view you as their credit instead. Moreover, there is no jail term sentencing under civil lawsuits. This could be the way out of the civil suit portion
As for the criminal court prosecution, you are under extremely dire situation and circumstances – a divorced single woman with a 7 year old son, 15 years being a housewife with no academic qualifications, police record of domestic abuse, threats of being kicked out of your ex-husband’s house etc. you are in a very good position to plea for leniency.
Moreover, if we gave our account that ah ji was the one who introduced us to Sharon, money transaction was through ah ji, and the one who stolen the money was him, we can easily bite him back as the instigator and mastermind while we are all victims of his scam. Unless he wants to kill off his future by having a long term jail sentence as the instigator, or get declared by the court as a bankrupt cause he has no means to pay off any fines, that would be what I want to see most, so he can go ahead and do such a stupid thing.
Of course, this is still based on my limited knowledge of the law from my past experience with my ex company court cases. I’ll still seek professional advice on whether these claims are feasible and whether there are other ways to protect ourselves, especially you. Until I’ve met up with some lawyers and prepare for potential prosecution, I’ll give that bastard some breathing space for the time being
Finally I can have some sleep…
*****
After I woke up a few hours later and head down to work, I’ve also shared my thoughts with Allan and he agrees. He also offered to arrange to meet up with a lawyer friend whom has helped him in a previous lawsuit before.
Well, seems like we gonna wait for a bit till I can verify my presumptions with a professional lawyer. Until then, I’ll just focus on running orders.
Today is the repayment date of the 2nd loan I took for your BB house Feb rental. The one which ah ji has scammed from me when you are already planning to move back to Cck…
Once again, all the earnings I’ve gotten over the past few days is gone again… this sucks