Jail for woman who misappropriated over $35,000 from firm, duped owner into paying her $300,000

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Jail for woman who misappropriated over $35,000 from firm, duped owner into paying her $300,000
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She pleaded guilty to one count each of cheating, criminal breach of trust and forgery.

SINGAPORE – Earning $10,000 a month did not stop a general manager of a health management firm from making off with more than $35,000 from the bank account of the company, which her friend owned.

Yap, alias Yap Bee Siew, has since made full restitution for the losses caused to both the company and her friend, whom she has known since 2012. Yap then told her that she would borrow the amount from another friend and the victim could repay her later. DPP Nair said: “The accused falsely claimed that the tenancy agreement was for a period of five years, and that the deposit was equivalent to five months’ rent, the monthly rent being $18,000.

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