Former finance executive jailed for forging almost S$100,000 in company cheques to get 'easy money'

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SINGAPORE — A 38-year-old woman was sentenced to two years and two months' jail on Wednesday (Oct 5) for siphoning almost S$100,000 from her employer by putting her own name as the payee on several company cheques.

Png Lee Yin, a Singaporean, pleaded guilty in a district court to a single charge of forging a valuable security or will.

As part of her duties, she processed invoices from suppliers and prepared cheques for her managing director to sign. These cheques would be issued in either the company’s name or its related company, AD Design Consultant. She handed over cheques to her boss, using a pen with erasable ink to fill in the payee’s name and monetary amount to be paid to their suppliers.

 

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