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A teenager who discovered a loophole in a Grab app payment system masterminded a scam that cheated ride-hailing firm GrabTaxi Holdings of more than $26,000 through nearly 2,000 fraudulent ride bookings last year.
Ryan Wong Wei Zhi, now 20, had invited a childhood friend, Chua Wei Beng, 22, to take part in the ruse.
Chua, in turn, roped in Kenneth Ho Hong Wei, 23. All three were full-time national servicemen at the time.
By April last year, the three Singaporeans managed to recruit 14 more people into the scheme, promising them up to $400 in commissions per week.
Wong pleaded guilty in court on Tuesday (June 23) to one count of engaging in a conspiracy to cheat Grab between February and April last year.
Deputy Public Prosecutor Phoebe Leau said that Wong hatched a plan around January last year to dupe Grab into paying out monies for phantom rides on GrabHitch, a service that allows riders to book rides with private car drivers.
He had earlier realised that he could book a GrabHitch ride on a rider’s account by using a debit card linked to an empty bank account.
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