Stuck in the “Turtle” of Crime: Former Aetos Officer Gets 16½‑Year Road‑trip Straight to Jail
Mahadi “Money‑lender” Mukhtar—well‑not actually a banker but a broke ex‑policeman—blew up a Singapore affair in June when he armed himself with a revolver, a copy‑cat note, and a whole lot of nerves. The 39‑year‑old tried to pull a “how‑the‑hobo‑was‑beat‑by‑the-kekw‑in‑jail” stunt from a 2016 Canadian robbery. Spoiler: it crashed.
How the Heist Played Out
- Date & Location: April 12, 2023 – OT Credit at Block 135 Jurong Gateway Road
- Armed, Not Uniformed: Mahadi turned sleeves into pockets and kept five‑shot ammo beside his trousers.
- Note to the Loan Officer: “This is a robbery! Don’t shout! I’ve got a gun in my pocket. Drop all the cash in the bag.”
- Outcome: The terrified officer handed over more than $24,800 — it slipped into Mahadi’s “sling” bag faster than you can say “obviously, no one’s going to notice.”
Why He Chose the Canadian-Style
Mahadi admitted he was copying David James Roach, the Canadian whose 2016 raid on Standard Chartered won him notoriety. He basically thought if Roach could do it, he could too—though the end result was far from triumphant.
Resulting Sentences
- Armed Offences Act: Unlawfully carrying a gun – plus unlawful ammunition possession.
- Robbery Charge: Fingering the loan officer meant a solid 16.5 years behind bars.
- Cane Strokes: 18 raporial scans to make sure the guy hears “don’t pull the trigger again.”
- Other charges: Handling the post‑crime cash also factored into sentencing.
Background & Debts
By February 2023, the man had been borrowing from shady lenders to keep his paid‑off bank loans afloat. He found himself drowning in debt, owing money to six unlicensed moneylenders. It was less a “rogue police” story and more a cautionary tale of spiraling debt and desperate solutions.
In short, Mahadi slipped into the locker room of a 2016 Canadian crime only to figure out that playing copycat is a hard way to achieve the “trophy moment.” His 16½‑year sentence is the nail in the coffin of that misguided attempt.
<img alt="" data-caption="Items seized during the operation were shown at the police press conference on April 14, 2021.
PHOTO: The Straits Times” data-entity-type=”file” data-entity-uuid=”ec7862e1-1dc6-4392-bafd-fd1bd159412a” src=”/sites/default/files/inline-images/220913_seized_items_st.jpg”/>
Mahadi’s “Financial Freedom” Blueprint
Ever feel like your paycheck is a leaky faucet? Mahadi was. In the midst of bank‑account blues, he turned to the ancient internet research hub—his phone’s browsing history. There, he was reading up on robbery 101.
The Jewelry Store Dream
First, he eyed a dazzling jewelry shop. “Coins for crown jewels?” he thought. Then he realized the loot would be a nightmare to off‑market—pretty shiny but boneless. “No thanks, that’s a sell‑or‑sell‑or‑sell nightmare!”
Running with the Women’s Squad
When the jewelry idea fell flat, he switched gears to a licensed moneylender, OT Credit. Why? Because it was staffed by women and had already been the target of a previous heist. “Pick a place that’s already been punched—easier to patch holes in the blueprint!” he reasoned.
April 12 – “Shop Scouting”
- Before clocking in, Mahadi stalked the shop to confirm it was open.
- He probably took note of guard shifts, security cameras, and if the place was stocked with number plates.
And that’s how Mahadi’s crime plan unfolded— from internet research to a quick, dirty shop scouting mission. No one says “borrowing $10,000” on a Tuesday!
<img alt="" data-caption="Cash seized during the police operation.
PHOTO: The Straits Times” data-entity-type=”file” data-entity-uuid=”da8136b3-096b-48d4-963e-bcae4482aa2e” src=”/sites/default/files/inline-images/220913_money_st.jpg”/>
Mahadi’s Master Plan: A Dossier Full of Drama and Dollars
Morning: Gearing Up
He starts his day at the Aetos Complex, hauling his trusty M85 Taurus revolver along with ammunition. After signing in, it’s off he goes, heading down Corporation Road like he’s on a typical office commute—only this time his “equipment” can literally stop a shopfront in its tracks.
3:30 pm: A Casual Visit
- He slips into a nearby shop, casually dropping his gun into his pocket.
- He approaches the counter, inquires about directions, and, as if nothing dramatic is happening, he exits with a casual flick of a smile.
3:50 pm: The Switcheroo
- Back in the shop, Mahadi hands a note to the employee—this time it’s a “business letter” rather than a friendly chat.
- He scuttles away, pocketing a hefty $24,800 in cash.
Stashing the Loot
- Mahadi pipe‑dreams a fraudulent world by depositing $10,000 into the bank account of his friend Ms. Nur Shana Mohd Taib—who blissfully remains clueless about the money’s shady trail.
- Back at the Aetos Complex, he changes into his uniform, proving that he’s the kind of guy who might perform day jobs while plotting slickes.
- He slaps a fresh $14,000 into his own bank account via an ATM, because when you’re good at mischief, you gotta keep the funds flowing.
Loan Sharks, Online Banking, and the Great Disposal
- While still on the job, Mahadi triggers the signal “online banking” to transfer more than $11,000 to four independent loan sharks—a modern twist to the classic “betrayal” story.
- He follows up with the cracking blow of tearing up the transaction note, then tosses it into a dustbin outside ST Engineering. He’s basically cleaning up evidence with the flair of a movie montage.
So, there you have it. One day, one shop, four wallets, a whole lot of money, and a storyline that’s part comic, part thriller—and all wrapped in a touch of everyday mystery. If only the office books had a firewall for the loot…
<img alt="" data-caption="Staff at the money-lending company were shown a note by the man during the robbery.
PHOTO: The Straits Times file” data-entity-type=”file” data-entity-uuid=”15876b04-fc00-4137-83ba-9675f21a351b” src=”/sites/default/files/inline-images/220913_note_st.jpg”/>
Massive Double-Whammy: Gun‑Armed Robbery at Aetos Complex Turns Into Legal Juggernaut
Picture this: a thumping bank‑robber wanders back into the slick halls of the Aetos Complex and gets cuffed at 8:45 p.m.—not even half a day after he pulled off the heist. Only five hours later, the cops had the suspect in the noose.
Gun‑Tastic Firsts and Old‑School Reminders
- The police noted this is the first armed robbery involving a firearm in 15 years.
- The last gun‑fueled grab took place back in 2006 at a 4‑D outlet in Sun Plaza Shopping Centre.
Loot Recovery and the Mystery Note
- Investigators clawed back $5,200 of the total he took from OT Credit.
- They even found the note that came out of the bank’s break‑in vault.
Sentencing: Prosecutor Goes Heavy
The Deputy Public Prosecutor Timotheus Koh threw a hefty plea: 15‑20 years behind bars plus 18 strokes of the cane. He argued the punishment needed to send a loud, unmistakable message that Mahadi’s antics were a no‑go and should never be mimicked.
Prosecutor highlighted that Mahadi was basically copying Roach’s bold robbery blueprint—so the law had to step up its game.
Defense’s Counter‑Offensive
Defense counsel Mark Yeo stepped in, arguing for 10 years in prison and 18 cane strokes. He claimed Mahadi planned to surrender after his shift—but the jailers still had short‑circuits on the firearms.
Yeo pointed out that the OT Credit staff had zero clue that an Aetos officer secretly carried a revolver.
How Sentences Stack Up
- Unlawful possession of firearms or ammunition: 5‑10 years jail plus 6+ cane strokes.
- Illegal carrying of any firearm: 5‑14 years jail plus 6+ cane strokes.
- Robbery conviction: 2‑10 years jail plus 6+ cane strokes.
Remember the Past: Roach’s Bank Heist
Former Bank‑Heist hero Roach sank into five years in jail with six cane strokes after robbing a bank. He later had his cane sentence remitted to honor a special promise the Singapore government made to Britain for his extradition.
Published by The Straits Times
This fandango of gun‑robbing and legal drama was first brought to you by The Straits Times. Reproduction permissions are required.
