Kho Bin Kai, the former son-in-law of billionaire
Peter Lim, has been sentenced to two years and 10 months in jail and fined $40,000 for his involvement in illegal gambling activities. Kho pleaded guilty to three charges under the Remote Gambling Act and two counts of dealing with the benefits of criminal conduct. He was linked to multiple illegal gambling websites and earned a significant amount of money from these activities. Kho used some of his ill-gotten gains to purchase luxury watches. His lawyers stated that he has shown remorse and promised not to engage in remote gambling again. This case marked Kho's first brush with the law.
Kho Bin Kai was married to Kim Lim, the daughter of
billionaire businessman Peter Lim. The couple divorced in 2020, after three years of marriage. Prior to his downfall, Kho was known for his association with Singapore's elite circles, living a life of luxury and opulence.
Involvement in Illegal Gambling: Court proceedings revealed that he was linked to multiple illegal gambling websites and acted as a master agent for one of them. Through his illicit activities, Kho earned a significant amount of money, with one website alone bringing in an average monthly income of $30,000 to $40,000.
No comments:
Post a Comment