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The frog porridge was real. The Lamborghini was the receipt.

Buntono built one of Geylang's most beloved late-night restaurants over twenty years. Prosecutors say the cash he did not declare bought a Lamborghini, a landed house, and 30 charges.

The frog porridge was real. The Lamborghini was the receipt.

Mei Ling is fifty-two. She runs a fishball noodle stall two streets over from Lorong 19 Geylang. She has kept her own books since 2003, in a ledger with a green cover, because her accountant charges by the hour and she is careful with money. Every quarter she pays her GST. Every year she pays her income tax. When she walks home past the frog porridge place on a Friday night, she sees the queue snaking out onto the pavement. She sees the clay pots coming out steaming. She sees the cash going into the register, note after note, the drawer opening and closing like a mouth.

She used to think that was just what a successful hawker looked like.

On Friday, July 3, 2026, the owner of that restaurant was charged in a Singapore court with 30 offences. Income tax evasion. GST evasion. Money laundering. Failure to keep sufficient business records. The alleged shortfall to the state, according to the Inland Revenue Authority of Singapore, is about S$3.8 million (about US$2.9M). Close to S$2M in income tax. Close to S$1.8M in GST.

The man's name is Buntono. He is forty-nine. He goes by one name. He founded Eminent Frog Porridge in 2004, and over twenty-two years he built it into one of the names you say when a visitor asks where to eat late in Geylang. Tourists know it. Taxi drivers know it. Food bloggers have been photographing the claypots on Lorong 19 for a decade.

The charges cover the years 2016 to 2024. Eight years. According to court documents cited by CNA, the allegation is that Buntono under-declared his income tax and kept his reported business income below the threshold that would have forced him to register for GST. In Singapore, once a business crosses S$1 million in annual taxable turnover, it must register to collect GST and remit it. That is the line the state draws. Stay under it and you owe nothing beyond income tax. Cross it and you owe the state a slice of every plate of porridge.

Prosecutors say the line was crossed and hidden.

I have sat in rooms where the till was the whole business plan. Not the food. Not the customer. The till. Cash comes in. Cash goes out into a drawer, into a bag, into a car, into a house. When the auditor asks, you show him the ledger you kept for him. When the tax man asks, you show him the return you filed for him. The real ledger, if it exists at all, is in a shoebox in a closet, or in a head, or in nothing. That is the oldest machine there is. It predates crypto. It predates offshore trusts. It is a drawer that opens and closes.

The alleged proceeds, according to prosecutors, tell you what the machine was for. Over S$2.4M in cash. A Lamborghini Aventador. A landed property on Brockhampton Drive in Serangoon Gardens.

Read that list slowly. Cash. A supercar. A house.

That is not a lifestyle assembled by accident. That is a lifestyle assembled by someone who knew the numbers on the return did not match the numbers in the drawer, and who decided that the gap belonged to him.

Mei Ling saw the Lamborghini once. It was parked on a Sunday morning near the restaurant, black, low, the kind of car that makes a sound you feel in your chest even when the engine is off. She remembers thinking: frog porridge is doing well. She did not think: frog porridge is doing that well.

That gap. The gap between what a hawker on the next street knows a business like that can earn, and what the driveway says it earned. That is where the investigation started, or somewhere like it. The joint operation was run by IRAS and the Commercial Affairs Department of the Singapore Police Force. Singapore has spent the last three years under pressure. The S$3 billion money laundering case that broke in 2023 embarrassed the country's financial regulators. The Monetary Authority of Singapore fined nine financial institutions S$27.45M in July 2025 for their part in it. The Financial Action Task Force said in May 2026 that those fines were too low.

When a regulator gets told its fines are too low, the regulator goes looking for the next case. In March 2026, IRAS raided sites across the island and seized 179 luxury watches worth over S$1M in a suspected GST refund fraud. Between June 18 and July 1, 2026, the CAD investigated 230 people for scam involvement. The Buntono charges land in the middle of that season.

Under Singapore law, tax evasion with falsified records can carry penalties of two to four times the tax undercharged, fines up to S$50,000 per charge, and up to five years in prison. Money laundering, where a person knowingly assists in retaining proceeds of crime, can carry a fine of up to S$500,000 or ten years' imprisonment or both. Multiply that against 30 charges and the math becomes something Buntono's lawyers will be doing for a long time.

He has not entered a plea in public. He has not spoken to the press. Allegation is not adjudication. Everything above is what prosecutors say happened, not what a court has yet found.

But here is the thing about the cash-till machine. It is invisible to almost everyone. It is invisible to the customer who pays in cash and does not care about the receipt. It is invisible to the tourist who wants the frog porridge and does not think about the accounting behind it. It is invisible even to the hawker two streets over, who assumes the queue is the whole explanation.

The people it is not invisible to are the people who pay their share.

Mei Ling pays hers. She pays it because she believes, or wants to believe, that everyone standing on the pavement selling food to Singapore is playing the same game with the same rules. She pays it because the state has told her she has to, and because she is the kind of person who does what she is told, and because the ledger with the green cover is how she sleeps at night.

When she reads the news on Friday morning, on her phone, standing behind her stall before the lunch rush, she does not feel vindicated. She feels tired. She feels the way you feel when a suspicion you did not want to have turns out to have been correct all along.

The queue on Lorong 19 will still form tonight. The claypots will still come out steaming. Somebody will still take the orders. The restaurant is bigger than one man. It was built on real food and real labor and twenty-two years of real customers.

But the drawer opening and closing. The Aventador in the driveway. The house in Serangoon Gardens.

Those, prosecutors allege, were the receipts.

Not for the porridge. For everything the porridge was allowed to hide.

Evidence Trail
  1. CNA | July 3, 2026 | "Eminent Frog Porridge restaurant owner charged with evading S$3.8 million in tax, money laundering offences"
  2. Inland Revenue Authority of Singapore | March 17, 2026 | GST refund fraud raids, 179 luxury watches seized
  3. Monetary Authority of Singapore | July 2025 | S$27.45M in penalties on nine financial institutions
  4. Financial Action Task Force | May 2026 | Commentary on Singapore AML enforcement
  5. Singapore Commercial Affairs Department | June 18 - July 1, 2026 | Scam operation investigating 230 individuals
  6. Singapore Income Tax Act and Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act | Statutory penalty ranges

Editorial Notice

MarkTell is a true crime publication about financial fraud. Some scenes, dialogue, and sequential details are reconstructed from court filings, enforcement actions, news reports, and public records. Where the public record does not provide exact details, editorial reconstruction is used to convey the documented pattern of events. Names of private individuals may be changed to protect identity. All factual claims are sourced to public documents cited in the Evidence Trail above. MarkTell does not provide investment, legal, or financial advice. Nothing published here constitutes a recommendation to buy, sell, or avoid any investment. Allegations described in active cases have not been adjudicated and defendants are presumed innocent until proven guilty. Readers should conduct their own due diligence before making financial decisions.