
Teen Steals Over $25K from Father's Account: What You Need to Know!
2025-09-03
Author: Sarah
Shocking Theft by 16-Year-Old!
In an alarming incident, a 16-year-old boy exploited his father's trust and technical knowledge to steal over $25,000 from his father’s Central Provident Fund (CPF) account. This brazen act didn't stop there; the teenager also racked up more than $68,000 in loans from his father's insurance policies!
The teen had previously assisted his father with online banking, giving him easy access to critical login credentials and account information. One fateful day in August 2024, he took advantage of this access, initially intending to check account balances but ended up making two unauthorized withdrawals that totalled over $25,000.
A Master Plan Unfurled!
Using his own mobile phone, the teen logged into his father’s insurance account and applied for several loans, ultimately securing a staggering $91,149. The funds were swiftly moved to his account via PayNow, and his elaborate deception went unnoticed until a relative reviewed the family's insurance policies.
The Bigger Picture: Record-Breaking HDB Flats!
In unrelated news, a five-room flat at 7 Boon Keng Road just sold for a jaw-dropping $1.54 million, setting the record for the highest ever in that area! This sale not only highlights the booming property market but also attracts attention with its prime location and proximity to MRT stations.
Major Entertainment Deals Making Waves!
In the entertainment world, Paramount has secured the rights to turn the iconic Call of Duty video game series into a live-action film! This deal marks a significant move for the studio and promises to expand into a cinematic universe that fans have been waiting for.
Legal News: Disney's Privacy Penalty!
In a startling conclusion to a federal case, Disney has agreed to pay a $10 million fine for neglecting to label certain YouTube videos as 'Made for Kids'. This settlement underscores the ongoing battle over children's online privacy and comes with a commitment to adhere to legal guidelines.
Cardi B Cleared of Assault Claims!
In celebrity news, Cardi B has been officially cleared of all charges in a civil lawsuit concerning an alleged 2018 incident. The jury found no evidence to support the claims against her, bringing an end to a long-lasting legal battle.
Political Moves and Global Relations!
Meanwhile, in global politics, Singapore’s Coordinating Minister for National Security, K Shanmugam, has raised concerns about the immediate recognition of a Palestinian state. He argues that such a move could backfire, stressing the need for a viable two-state solution and effective governance before any recognition.
As the complexities of international relations continue to unfold, one thing is clear: whether in local thefts, real estate booms, or global diplomacy, the stakes are high everywhere!