SINGAPORE - A former director of a shipbuilding company was sentenced to five years’ jail on Monday after he cheated a financing firm of over $1.3 million by using 10 fake invoices.
Instead, for each of the 10 LMC work orders, there was a corresponding genuine work order between another firm – Lal Offshore Marine – and Keppel FELS. LOM was the sister company of LMC.District Judge Marvin Bay had earlier convicted Vignish of 10 cheating charges after a trial. In his submissions, Deputy Public Prosecutor Suhas Malhotra said that factoring is a process in which a company obtains a loan by assigning a debt owed to the company itself.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: asiaonecom - 🏆 10. / 59 더 많은 것을 읽으십시오 »