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Ex-sales manager gets 33 months’ jail for criminal breach of trust

SINGAPORE – Hoping to repay the debts from failed business ventures, a 33-year-old sales manager for a pork distributor decided to pocket payments amounting to over S$284,000 from customers.

SINGAPORE – Hoping to repay the debts from failed business ventures, a 33-year-old sales manager for a pork distributor decided to pocket payments amounting to over S$284,000 from customers.

On Thursday (April 14), Ng Cheye Yong, a Malaysia-born permanent resident, was sentenced to 33 months’ jail for committing criminal breach of trust.

As a sales manager at Jordon International Food Processing, Ng was supposed to collect payment from customers and deposit the money into the company’s bank account. Between last December and this January, he started siphoning money.

Ng tried to cover up his actions by passing off new payments received from customers as previously misappropriated money.

On Feb 5, a company director approached Ng about the large amount of overdue payments. The following day, Ng informed the company that he had already collected various sums from customers, and some of these had been deposited.

Four days days later, Ng drafted four bank deposit slips amounting between S$30,000 and S$50,000 each, and gave them to the company, stating that he would deposit them later. In reality, he did not have the means to come up with the money.

Another director lodged a police report of Feb 16. Since then, Ng has made restitution of S$10,100.

Ng told the district court that he was deeply remorseful.

“I surrendered myself on Feb 16... My family members wanted to bail me out but I refused as I wanted to atone (for his actions),” he said.

In response to District Judge Bala Reddy’s queries about the rest of the misappropriated sum, Ng said that he used them to pay off fail investments in a pork business and a hair salon.

“I was cheated of my money,” he said, adding that his Central Provident Fund account was left with S$40,000.

Ng’s sentence will be backdated to the start of his remand on Feb 18.

For committing criminal breach of trust, he could have been jailed up to 15 years and fined.

 

 

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