The man made police reports in both Singapore and Indonesia.
\n\nA Singaporean man in his 30s said he may lose S$157,000 of the S$368,000 he transferred to an Indonesian woman's company.
\n\nAccording to the man, this was done across 84 bank transfers to her corporate account, which she is said to solely own.
\n\nThis was done to fund the production of padel sports gear in Bali, Indonesia.
\n\nSpeaking to Mothership, the man, who wished to remain anonymous, said the transfers took place between February 2026 and August 2026 before he lodged police reports in Singapore and Indonesia on Sep. 19.
\n\nThe man, who visits Indonesia regularly, came to know of the woman who allegedly operated under a false name.
\n\nThe man, who plays padel for social purposes, has friends who own padel courts in Indonesia.
\n\nPadel is a racket sport combining parts of tennis and squash.
\n\nSometime in February 2026, he visited Batam, Indonesia, and was playing padel with friends, when they introduced him to the woman, Mariie.
\n\nLater, at a cafe in Batam, she asked if he was keen to participate in the production of padel gear.
\n\nThe two purportedly came to an understanding of a proportionate divvying of…
Original source: https://mothership.sg/
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