Politics · Singapore Bureau
American man probed for alleged shell company scheme to dodge rent
Police have opened an investigation into an American resident following a court ruling that exposed a pattern of using shell companies to avoid paying rent. Senior Minister of State for Law Murali Pillai confirmed authorities found sufficient grounds to probe the matter.
LSN Singapore ·
Investigators are examining the conduct of Anthony Thomas Price after a judicial determination revealed what authorities characterise as a systematic approach to circumvent rental obligations through the use of corporate vehicles, according to a statement from the Senior Minister of State for Law.
The court ruling, which formed the basis for the police investigation, documented a pattern of behaviour where shell companies were allegedly utilised to facilitate rent-free occupation of premises. The findings prompted law enforcement to treat the matter as potentially constituting cheating.
Mr Pillai's announcement marks an escalation of the matter from civil proceedings to criminal investigation. The probe will examine whether the alleged scheme breached Singapore's laws against fraudulent conduct.
Details regarding the specific properties involved, the timeline of allegations, or the value at stake have not been disclosed. The investigation remains ongoing.