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A 66-year-old Singaporean man racked up S$70,000 in money owed and subsequently took his personal life at Decrease Seletar Reservoir in April 2021, a coroner’s inquiry discovered.
The person had amassed the debt within the technique of funding “funding tasks” in Cambodia although the police discovered that he had not acquired any payouts from these abroad tasks.
“10 billion funding venture”
Based on Shin Min Day by day Information, the person’s physique was discovered at Decrease Seletar Reservoir on Apr. 9, 2021.
The deceased man’s pinyin title, as reported within the Chinese language press, was Ye Chun Guo.
The police retrieved a waterlogged doc discovered with the physique.
The doc, dated Apr. 5, 2021, reportedly indicated that the Cambodian authorities had given a sure firm approval to lift funds for a “10 billion venture”.
The forex of the determine was no laid out in Shin Min.
Ye invested on this venture with out his household’s information regardless of promising his spouse that he would cease making abroad investments after a failed enterprise enterprise in Cambodia in 2015.
The failed enterprise enterprise resulted in a debt of S$35,000, which Ye managed to clear after a while.
Ye’s mistress in Cambodia
The coroner’s inquiry additionally discovered that Ye had a mistress in Cambodia.
She advised the investigation officer over the telephone that she met Ye in 2009.
Whereas the pair by no means formally tied the knot, she mentioned they addressed one another as husband and spouse.
Ye’s mistress and her “godbrother” helped Ye search for funding schemes, the place the godbrother advised the officer over the telephone that his position was to assist to ascertain connections in Cambodia, whereas Ye was accountable for funding.
Nonetheless, he claimed to be unaware of this “10 billion venture”, nor was he conscious of Ye’s monetary scenario, reported Shin Min.
The godbrother additionally talked about that Ye known as him a number of days earlier than his loss of life and requested him to maintain his mistress.
Based on considered one of Ye’s enterprise companions, it was the mistress who launched the “10 billion funding venture” to Ye.
Residing on S$500 a month
The police additionally spoke to a Cambodian intermediary who bought to know Ye in 2018, in accordance with China Press.
He had helped Ye facilitate and construct connections in Cambodia whereas Ye introduced within the cash for investments.
Two days earlier than his loss of life, Ye requested the intermediary the best way to elevate the $10 billion sum.
The intermediary, in flip, requested Ye if he acquired any cash from Cambodia.
Ye replied he had not collected his cash as he couldn’t fly to Cambodia as a result of pandemic, and had been residing off his month-to-month Central Provident Fund payout of S$500.
Cambodian railway development funding
The police additionally spoke to Ye’s ex-colleague, who bought to know Ye throughout a safety officer stint in 2017, in accordance with China Press.
He mentioned Ye had requested him if he was keen on investing in a railway development venture in Cambodia.
After the ex-colleague expressed curiosity within the venture, Ye introduced him to Cambodia to fulfill with a “native authorities official” and signed a “memorandum” stating that he would obtain an instantaneous payout of 5 million Cambodian riel (about S$166,394) upon receiving the native authorities’s approval.
The ex-colleague discovered one thing was amiss, however he didn’t dwell on the matter and misplaced contact with Ye shortly after.
S$70,000 debt
Investigations revealed that previous to Ye’s final name, he had known as a financing firm as he tried to borrow extra money.
The corporate refused his request as Ye had reached his mortgage restrict after taking loans from a number of different financing corporations.
He was discovered to have owed a number of corporations a complete of S$70,000, in accordance with China Press.
There was additionally no proof that Ye had profited from any of his abroad investments.
Lied to his spouse that he was going to work
A month earlier than his loss of life, Ye advised his spouse he had discovered a job associated to railway development which requires him to attend two classes twice per week, in accordance with Shin Min.
Ye left his dwelling within the morning of Apr. 8, 2021 and he advised his spouse he was going for the lesson.
He would usually return dwelling from class at round 6pm, however Ye didn’t go dwelling that night time, which made his spouse apprehensive.
She was knowledgeable of Ye’s loss of life the subsequent day when his physique was discovered.
Reason for loss of life to be suicide
The police additionally retrieved the CCTV footage from the neighborhood of the reservoir to look at Ye’s actions previous to his loss of life.
The footage revealed that he had deliberately chosen a secluded spot the place he tried suicide at Decrease Seletar Reservoir, in accordance with Shin Min.
Contemplating the circumstantial proof, Ye’s reason for loss of life was confirmed to be suicide on April 12, 2022.
Picture from China Press web site.
Helplines
In the event you or somebody you realize are in psychological misery, listed below are some hotlines you’ll be able to name to hunt assist, recommendation, or simply have a listening ear:
Nationwide Care Hotline: 1800-202-6868
Samaritans of Singapore 24-hour Hotline: 1800-221-4444
Singapore Affiliation for Psychological Well being: 1800-283-7019
Institute of Psychological Well being: 6389-2222 (24 hours)
Tinkle Good friend: 1800-274-4788 (for main school-aged youngsters)
AWARE Girls’s Helpline: 1800-777-555 (10am – 6pm, Monday to Friday)
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Prime picture from China Press
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