Two men arrested for trying to pawn fake gold bars
SINGAPORE — Two men, aged 17 and 25, have been arrested on Wednesday (April 5) for attempting to pawn two gold bars believed to be fake, the Singapore Police said in a media release on Thursday.
The police first received a report about their unsuccessful attempt on March 30 at about 2.58pm. Their identities were subsequently established through CCTV evidence and follow-up investigations.
TODAY understands that the two men are Singaporeans, and their botched attempt occurred at a pawn shop near Tekka Market.
The 17-year-old man was arrested along Race Course Road, while the 25-year-old man was arrested along Holland Close.
Investigations against both suspects are ongoing. If found guilty, they may be punished with an imprisonment term which may extend to 10 years, and shall also be liable to pay a fine.