He struggled for 15 years to pay debt, only to know It was a scam!
When it is already time for you to retire, it would just be normal for you to start making plans on the things you have to do as preparation for it. You are probably thinking of the best investments that you can make or you may want to save it for the future of your family. But what if you have been told that you have a debt with the government of your country and if you will not pay for it, imprisonment is what’s waiting for you? That sounds terrifying and you will surely do everything that you can, to find ways to pay for it.
In this story, you will come to know a man who spent 15 years of his life working to earn money in order to pay for a debt but in the end, he just realized that everything was just a scam.
1 What Happened?
Meet Tan Soy Kiang, he is already 70 years old and had struggled for 15 years just to pay a debt, unfortunately, the long term debt paying was only a scam. According to him, there were two women who approached him in the street while he was having his usual stroll. The two women convinced him that he had a debt, owed to the Singaporean government for $400,000 and that he will be imprisoned if he doesn’t pay for it. They also told him that for every missed payment, he will still go to jail.
But because he could only afford small amounts of payments during that time, they decided to settle the debt through monthly repayments. He eventually got two jobs to work on, with the hope to get enough money, which he could use to pay for the debt.