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The Michelin plate on the table, the Lamborghini in the driveway, the ledger that was never kept

Buntono ran one of Singapore's most beloved late-night eateries for two decades. On July 3, prosecutors laid out how the frog porridge allegedly paid for the supercar, the landed house, and the S$2.4 million in cash.

The Michelin plate on the table, the Lamborghini in the driveway, the ledger that was never kept

Rachel took her parents to the shophouse on Lorong 19 the night of their anniversary in 2019. She was thirty-two then. Her mother had never eaten frog before. Her father had, once, at a wedding in the eighties, and he wanted his wife to try it the way he remembered it.

The place had a Michelin sticker on the window. Bib Gourmand. Cheap eats, blessed by the guide. Rachel remembers the plastic table, the metal claypot with the kung pao sauce still bubbling when it hit the surface, the paper napkins in a pink plastic dispenser. The bill came to about forty dollars. She paid in cash because the auntie at the counter waved off her card with a look that said this is easier for everyone.

The register drawer opened. The auntie counted the notes. The drawer closed.

That is the scene at the center of this week's charge sheet. Not that specific dinner. Not Rachel. But that transaction. Repeated. For years. According to prosecutors, hundreds of thousands of times.

On Friday, July 3, 2026, Buntono, forty-nine, was charged in a Singapore court with thirty offenses. The man goes by one name. He owned Eminent Frog Porridge, also known as Ming Hui Frog Porridge, and a related business called Eminentseafood. The Inland Revenue Authority of Singapore and the Commercial Affairs Department of the Singapore Police Force said in a joint statement that Buntono allegedly evaded approximately S$3.8 million (about $2.8M USD) in taxes across eight years of assessment, from 2016 through 2024.

Read that number. Then read the next one.

The alleged undercharged income tax: close to S$2 million ($1.5M USD). The alleged undercharged goods and services tax: about S$1.8 million ($1.3M USD). GST registration in Singapore is mandatory once a business crosses S$1 million in taxable turnover over twelve months. The complaint alleges Buntono concealed his liability to register. In plain English, he allegedly kept the business off the tax authority's radar for the tax that gets added to every receipt, so the tax was never collected and never paid.

He also allegedly failed to keep sufficient business records across those same eight years.

That last charge is the quiet one. The one that does not make the headline. It is also the machine.

Here is what a business record looks like when it exists. Every plate of frog porridge that leaves the kitchen is logged. The cash goes into a till that is reconciled at close. The daily total flows into a weekly total. The weekly total flows into a monthly filing. The monthly filing flows into an annual return. Somewhere in that chain, a number appears that matches the number the tax authority can independently reconstruct from your supplier invoices, your rent, your utility bills, your payroll.

Here is what a business record looks like when it does not exist. The cash goes into the till. The till gets emptied at close. The empty till gets refilled the next morning. The auntie at the counter goes home. Nobody wrote anything down. Or somebody wrote something down and it does not match what the tax return says.

The prosecutors are alleging the second thing.

Now the assets. Because this is not just a tax case. It is a money laundering case, and money laundering charges require the state to trace the alleged proceeds into something the defendant can hold. In this filing, the state named three things.

Over S$2.4 million (about $1.8M USD) in cash.

A Lamborghini Aventador.

A landed residential property on Brockhampton Drive in Serangoon Gardens.

Picture the Aventador first. Low, wide, the doors that open upward. The kind of car that stops traffic at a Shell station in Bukit Timah. Then picture the shophouse in Geylang. The plastic stools. The claypot. The pink napkin dispenser.

The gap between those two pictures is the case.

Rachel would not have thought about any of this in 2019. She was there for her mother. Her mother liked the sauce. Her father ordered a second beer. Her card stayed in her wallet because the auntie preferred cash and it was easier. That is not a crime. Paying cash for dinner is not a crime. The customer did nothing wrong.

The alleged crime, prosecutors say, is what happened after the register closed.

Eminent Frog Porridge has been in operation since 2004. It was registered as a sole proprietorship on September 13, 2006. It received a Michelin Bib Gourmand in 2018 and held it through the 2025 guide. That is seven consecutive years of a Michelin inspector eating at those tables and rating the food good enough to publish. For a hawker-style operation in Geylang, that is a mark of legitimacy in the only way that matters to Singapore's food economy. It means people came from all over the island. It means the queue on a Friday night stretched down the pavement.

The registration ceased on March 26, 2026. Three months later the charges landed.

The joint investigation was IRAS and CAD. IRAS handles the tax reconstruction. CAD handles the asset tracing. When you see both agencies on the same charge sheet, it means the state believes the tax evasion did not stop at the tax evasion. It became something else when it was spent.

IRAS said in a statement that it takes a serious view of tax evasion and warned of penalties of up to four times the amount evaded, alongside potential jail time. Money laundering in Singapore carries fines up to S$500,000 (about $370K USD), imprisonment up to ten years, or both.

Buntono has not entered a plea in the public record available at this writing. No statement from him or his counsel has been reported. The charges are allegations. Allegation is not adjudication.

But the shape of the case is worth sitting with.

Rachel called her mother when the news broke this week. Her mother remembered the anniversary dinner. She remembered the sauce. She said, in Hokkien, something that translates roughly to: the food was so good, how could the man be like this. Rachel did not have an answer. There is not really an answer.

The answer, if there is one, is that the plate on the table and the ledger in the back office are two different things. The customer only sees the plate. The tax authority is supposed to see the ledger. When the ledger is not kept, the plate is the only evidence that remains. And the plate cannot testify.

What the plate did, allegedly, over eight years, was pay for a supercar and a landed house and S$2.4 million in cash sitting somewhere the state has now identified.

That part may be the saddest. Not the number. The number is just a number. The sad part is that a neighborhood favorite, the kind of place a daughter takes her parents on an anniversary, was allegedly also something else the whole time. The Michelin sticker and the shell company were on the same window.

The State Courts will decide what actually happened. That process will take months, probably years. The Aventador is presumably parked somewhere under a state seal. The house on Brockhampton Drive is presumably still standing. The shophouse on Lorong 19 is closed.

The register drawer is empty now. It was, prosecutors allege, empty in a different way for a very long time before that.

Evidence Trail
  1. The Business Times | July 3, 2026 | "Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering"
  2. IRAS and Singapore Police Force Commercial Affairs Department | July 3, 2026 | Joint statement on charges filed against Buntono
  3. Mothership.SG | July 3, 2026 | Reporting on charges
  4. CNA | July 3, 2026 | Reporting on charges
  5. Michelin Guide Singapore | 2018-2025 editions | Bib Gourmand listing for Eminent Frog Porridge
  6. ACRA (Accounting and Corporate Regulatory Authority) | Business registration record for Eminent Frog Porridge, registered September 13, 2006, ceased March 26, 2026

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.