5 C's Singapore monk jailed for fraud!!!

A Singapore court on Saturday sentenced a celebrity Buddhist monk who ran one of the city-state's most popular charities to 10 months in jail for fraud, a media report said.

Shi Ming Yi, 47, and his former personal assistant Raymond Yeung, 34, were convicted in October of conspiring to take an unauthorised loan of 50,000 Singapore dollars (36,000 US dollars) from the Ren Ci charity in May 2004.

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The high-living Ming Yi, founder of charity Ren Ci Hospital which provides medical care for the elderly, had been described by local media as "the monk with the five C's" - cash, credit card, car, condominium units and country club membership. Full story...

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