Singapore Jails Six Malaysians Over $3.8M High-Stakes Poker Heist

Key Points

  • Six Malaysians were jailed for an armed raid on a high-stakes private poker game involving millions in cryptocurrency
  • The gang restrained players and searched their phones for crypto apps before escaping across the border into Malaysia
  • Authorities recovered about S$1.69 million, while a seventh suspect remains at large and millions of dollars remain missing

Six Malaysian men have been sentenced for an audacious armed robbery of a private high-stakes poker game in Singapore that involved the theft of US$3.38 million. Prosecutors said it was one of the biggest robberies by value in Singapore’s history.

Singapore poker robbery, high-stakes poker, cryptocurrency robbery, King Albert Park, Malaysian robbery gang
Six Malaysian men were jailed over the multimillion-dollar armed robbery of a private high-stakes poker game in Singapore. The gang stole cryptocurrency, cash, and luxury watches before fleeing across the border into Malaysia. (Image: Getty)

The April 2024 raid targeted a luxury home in the affluent King Albert Park area, where regular poker games involved stakes running into hundreds of thousands of Singapore dollars.

The games were hosted by a Chinese national at the property, which was rented by her husband, according to Singapore court proceedings reported by Channel News Asia (CNA).

Another resident helped organize the games, while a South Korean woman was employed as a dealer and a Malaysian man provided massages to players.

Seven players were present when the robbers struck shortly after 2 a.m. on April 18, 2024.

Crypto, Cash, Watches Taken

Prosecutors said masterminds Wong Chi Shan, 35, and Goh Boon Tong, 30, learned about the games through an acquaintance who had played in them.

After visiting the property, they noticed that its front gate and door were typically left open during games. The pair later conducted surveillance and recruited others for what prosecutors described as a “lightning heist.”

The gang arrived armed with machetes and baseball bats and restrained those inside with tape and cable ties.

Wong and Goh searched victims’ phones for cryptocurrency apps, prosecutors said. One woman was robbed of assets worth approximately S$3.9 million (US$3.1 million), including more than US$2.6 million in Tether cryptocurrency, S$210,000 cash, US$40,000 cash, and 150,000 UAE dirhams.

Other property stolen included a Richard Mille watch valued at S$320,000, a Ferrari key, and Rolex watches valued at about S$55,000 each.

The gang escaped to Malaysia shortly afterward, with Wong and Goh crossing the border through Tuas at around 2:15 a.m. Other members crossed through Woodlands roughly 25 minutes later.

Millions Still Missing

Six members of the gang were subsequently arrested in Malaysia and returned to Singapore. A seventh suspect, Muhammad Yusuf Kassim, 33, remains at large and is believed to have fled to Thailand.

Authorities have recovered approximately S$1.69 million of the haul, leaving around S$3.21 million unaccounted for.

Wong and Goh were each sentenced to 12 years and 11 months in prison, 24 strokes of the cane, and S$4,000 fines. Four accomplices received prison terms ranging from seven years and eight months to 10½ years. Three were also sentenced to 24 strokes of the cane.

Prosecutors said it may have been Singapore’s largest robbery by nominal value. When adjusted for inflation, however, it is eclipsed by the notorious 1971 Gold Bars robbery, in which 120 bars then worth more than S$500,000 were stolen and three men murdered. Seven men were later hanged for the killings.

Philip Conneller
Philip Conneller Senior Reporter

In Philip Conneller’s eight years with Casino.org, he has covered the gaming industry from Las Vegas to Macau and everything in between. He currently focuses his coverage on gaming law, white-collar crime, global money laundering, tribal gaming, politics, and regulation.

Philip was the original features editor for poker’s Bluff Magazine and editor for Bluff Europe, which he helped launch. His writing has also been featured in ESPN, Forbes, Time Out, The Sun, and The Daily Star, as well as iGaming Business, eGaming Review, and numerous other industry news and tech websites.

His news stories for Casino.org/news have been linked by The Washington Post, The Daily Mail, People Magazine, and Jimmy Fallon's Tonight Show, among many others.

Philip once won $20,000 with 7-2 off-suit. He has been reprimanded for unwittingly playing Elton John’s piano on two separate occasions on both sides of the Atlantic.

He became a writer because he is a lousy pianist.

Philip lives outside London with his wife and children, where he spends his time agonizing about Arsenal FC.

Contact Philip at philip.conneller@casino.org.

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