The Police have arrested a 65yearold man for his suspected involvement in a case of criminal breach of thrust as a servant and falsification of accounts.
On 4 July 2019, the Police received a report that a man employed as an account manager with a company had purportedly misappropriated monies belonging to the company.
Through investigations, officers from Central Police Division arrested the man on 14 October 2019. Preliminary investigations revealed the man had signed the company's cheques and encashed them without his employer's approval. He also falsified the company's accounts to cover up his misappropriation of more than $1,740,000.
The man will be charged in court on 16 October 2019 with criminal breach of trust as servant and falsification of accounts punishable under Section 408 and 477A of the Penal Code, Chapter 224 respectively. The offence of criminal breach of trust as a servant carries an imprisonment term which may extend to 15 years, and a fine. The offence of falsification of accounts carries an imprisonment term which may extend to 10 years, and a fine.
Source: Singapore Police Force