by Selina Lum
A WOMAN found guilty of money laundering has lost an appeal against her conviction and nine-month jail sentence.
High Court judge Justice V.K. Rajah said the decision would send a 'clear signal' that such offenders will be dealt with severely.
Jeanette Ang, who runs a gift shop, sent five payments totalling more than $2 million in a month to a stranger in the United States.
The 52-year-old, who is married with two children, did so after receiving an overseas call from her brother in June 2008, asking for her help.
He told her that a certain 'Mike' would call her and she was to follow his instructions on how to receive the money and then remit it overseas.
That month, she complied with the five 'assignments' she was given, moving sums of between $69,360 and $580,606 a day.