A Singapore-based businessman has attracted some unwanted media attention after it was reported that he sued his mistress in order to recover $2 million he allegedly loaned her. The problem is she says the money was a gift, so she doesn’t want to give it back.
Toh Eng Tiah, the 55-year-old owner of several recycling businesses, met 33-year-old property agent Angelina Jiang in November of 2016, and the two became romantically involved, even though Mr. Toh was married at the time. Between December 2016 and March 2017, the Singaporean businessman allegedly paid Ms. Jiang around $1 million, of which at least $819,000 was used to pay her credit card bills and living expenses. Interestingly enough, in March of 2017, the two signed a loan agreement for $2 million, including the money already paid, as well as another $872,000. The young property agent claims that the loan was only a ruse to trick Mr. Toh’s wife into thinking he was only loaning her money, but in fact it was a gift. However, the businessman says the loan was real and he wants his money back.
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