7 years' jail for man who forged company cheques and took nearly $1.4m to gamble

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SINGAPORE - A former accounts officer in a family-owned firm was sentenced to seven years' jail on Friday (July 3) after forging cheques from the family's other company, pocketing nearly $1.4 million.. Read more at straitstimes.com.

SINGAPORE - A former accounts officer in a family-owned firm was sentenced to seven years' jail on Friday after forging cheques from the family's other company, pocketing nearly $1.4 million.He then used his ill-gotten gains to gamble.

Koh worked as an accounts officer for Shankar's Emporium in High Street, which deals with electronics, from Dec 16, 2009, to Jan 31, 2018. He was also entrusted with keeping its cheques and preparing them for issuance for company matters, subject to at least two authorised signatories.He brought home blank company cheques before forging the signatures of two authorised signatories - a human resource executive and a finance manager.

Deputy Public Prosecutor Regina Lim had earlier said:"He did so by first creating a Microsoft Excel template using a genuine invoice that he took home from the office.

 

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