My Ex Business partner/ friend has been siphoning large amounts of money from me and my companies for over 3 years. The perpetrator, Sean Lim, stole the bulk of the funds, approximately $500,000, by impersonating suppliers and vendors through creating fake emails addresses that looks like the real vendors and real suppliers. He also creates fake whats app and Skype accounts to mimic suppliers. Through these schemes of fake accounts, he will bill me and my companies $20,000 to $80,000 each time.
When I was down, deep in bank loans of $300,000 in debts and almost on the brink of bankruptcy, Sean Lim continued to do other similar scams.
The final straw was Sean Lim coming up with a ruse that there were two buyers of my company. To make the sale go through, I ha to pay a vendor a sum of around $30,000 to customise my Leaner management system to the buyers's liking.
Creating two fake characters, Sean scammed me of my entire 3 months salary which was to be used to service my huge bank loans. Because the money was stolen by Sean, I am now 3 months behind on the loan instalments.
When the Cheque from the "buyers" bounced in July, did I managed to find out the truth and I realised was scammed by Sean since day one.
Sean admitted to his wrong doings but refused to pay restitution as he knows that if I were to become a bankrupt from this entire episode, I would not be able to sue him for all the funds which he cheated me for. Thus once again, he can get away Scott free.
A police report has been made. The police are currently investigating.
HELP NEEDED: $30,000
In the final scam relating to the two fake buyers, I lost 3 months of my entire salary to Sean. The amount of $18,000 was to pay Standard charted, Citi bank and OCBC bank loans. I also borrowed $12,000 from close friends and family to pay Sean. I am not $18,000 behind on servicing these loans and I am $12,000 in debt to my innocent friends who tried to help me when I was in need.
I would just need help to get back on my feet and normalise my bank loans and also repay my friends who loaned me the money that got cheated in Sean's last and final scam.
TOTAL ESTIMATED COST NEEDED
$30,000 to normalise bank loans and repay friends and family loans.
PLEASE BEWARE OF SEAN LIM MINGHUI of 41 KEW WALK.
After asking around, I found out I am not the only person Sean Lim has scammed. He has scammed all his best friends with similar stories. Before these scams, he has also had a few court cases where his old friends sued him for cheating them.
He is a dangerous person that has never changed.
I WILL NEED TO RAISE $30,000 by MID OCTOBER 2019
The banks have already started sending me lawyer letters to close my loan accounts and are starting to demand payment at the threat of bankruptcy. I have been paying the loans without fail every month since the business failed due to the "high costs" created by Sean. However, because of his final scam, I defaulted payments for 3 months and that has caused me to be behind on the bank loans.
My dad who is also very short of money helped me in the past but he is also unable to help any more. Because of the cheating case, my whole family is living from hand to mouth. My parents both have taken two jobs just to make ends meet with my servicing such large loans due to the 3 year long scam.