S Chandran, the sole proprietor of Paradize Consultancy, was also ordered to pay the Inland Revenue Authority of Singapore a financial penalty of S$295,272. — TODAY picSINGAPORE, March 31 — In the latest development of a long-running court case, a magician-turned-consultant was sentenced to three years’ jail today for making multiple fraudulent claims from the Government’s Productivity Innovation Credit scheme.
The amount of cash payouts and bonuses listed in all of his charges totalled more than S$1.1 million, with over S$870,000 disbursed by Iras, the court previously heard. Today, he changed his mind once more as he could not accept the statement of fact prepared by the prosecution. This led to his lawyer TS Sinnadurai discharging himself.
Chandran began advertising his services as a PIC consultant and told three clients to list three local employees in their application forms, and got them to falsely state that they ran businesses generating a revenue of S$1,000. Additionally, Teo said Chandran had coerced software engineers to come up with fictitious invoices for mobile applications to create the impression that Paradize Consultancy spent S$5,000 per app when it was only S$500.