Ex-manager of clinic charged with abetting criminal breach of trust worth $474K

[Vivendi]

Ex-manager of clinic charged with abetting criminal breach of trust worth $474K


Published 10 hours ago

SINGAPORE - A former manager of The Lasik Surgery Clinic (LSC) was charged on Friday with conspiring with an eye surgeon to misappropriate about $474,000.

Felix Huang Keming, 62, also faces nine charges of instigating an employee in 2005 to make false entries in the clinic's cheque book register that cheques ranging from $2,520 to $79,000 had been issued to US Imaging Consultancy.

Huang, who is now retired, allegedly abetted former national swimmer Marc Tay Tze-Hsin on or before Dec 19 that year to misappropriate $474,124.

He was executive chairman of Singapore Medical Group, the parent company of LSC, between 2009 and 2013.

Dr Tay, then a director of Pacific Healthcare Specialist Services (PHSS), was originally charged with 11 counts of cheating PHSS by concealing payments for operations he was doing as a visiting consultant at LSC.

The 55-year-old was fined $30,000 in February last year after admitting to three amended charges of criminal misappropriation of $204,325. He was fined another $2,000 for breaching the Companies Act.

An earlier report stated that Dr Tay's clinic had been acquired by Pacific Healthcare Holdings, subsequently renamed PHSS, in February 2001.

Under the agreement, the opthalmologist was to hand over all generated income to PHSS, which would pay him an annual gross remuneration of $396,000, coupled with certain bonuses.

Subsequently, Dr Tay became a visiting consultant at LSC. PHSS knew about this and agreed to be paid a monthly fee of $2,500 by LSC for work done by him.

But between December 2005 and December 2006, LSC paid Tay separate fees which he concealed from PHSS. This amounted to $445,874.

Huang, represented by Mr Abraham Vergis, had his bail doubled to $100,000 so he could travel to Europe.

A pre-trial conference is scheduled on Aug 6.

 

[Vivendi]

Felix Huang Keming allegedly also instigated an employee to make false entries in the clinic's chequebook register in 2005.ST PHOTO: WONG KWAI CHOW


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[Stryker]

Man fined $40,000 for helping doctor to hide earnings and for false entries

Felix Huang Keming has been fined $40,000 for abetment to commit misappropriation and falsification of accounts. PHOTO: ST FILE

Published May 16, 2016, 4:08 pm SGT
Elena Chong
Court Correspondent

SINGAPORE - A former clinic manager, who helped an eye doctor hide his earnings of nearly $450,000, was fined a total of $40,000 on Monday (May 16) for abetment to commit misappropriation and falsification of accounts.

Felix Huang Keming, 62, was the manager of a sole proprietorship known as The Lasik Surgery Clinic (LSC) when he conspired with Dr Marc Tay Tze-Hsin in 2005 to dishonestly misappropriate $474,124 payable by the consultant ophthalmologist to Pacific Healthcare Specialist Services (PHSS) in 2005.

Huang, who is now semi-retired, also admitted to two of nine charges of instigating clinic staff Lee U-Chyn to make false entries in LSC's chequebook register by recording the cheques of $79,000 and $66,775 as being paid to a fictitious entity known as US Imaging Consultancy which Huang knew to be false.

Dr Tay, who was suspended recently from practice for three months, was fined $30,000 in 2014 on three charges of misappropriating a total of $204,325, and another $2,000 for breaching the Companies Act.

As a consultant of PHSS, the 55-year-old former national swimmer was allowed to provide healthcare services through third party providers provided the work was done for and on behalf of PHSS and all revenue generated belonged to and were paid to PHSS.

He also owed fiduciary duties to PHSS as a director of the company.

Deputy Public Prosecutor Jiang Ke-Yue said Dr Tay was invited and accepted Huang's invitation in 2005 to become a visiting consultant of LSC.

Over time, there was an exponential increase in demand for Dr Tay's services at LSC, which led to a corresponding increase in revenue from Lasik surgeries he performed.

Investigation showed that from December 2005 to December 2006, Huang made cash payments totalling $474,123 to Dr Tay on 11 occasions.

Further investigation showed that Haung and Dr Tay had entered into a secret agreement to cap the fees payable by LSC to PHSS, with the balance LSC revenue paid to Dr Tay in cash.

Both had agreed to conceal the secret agreement and the cash payments from PHSS so as to enable Dr Tay to dishonestly misappropriate the money to his own use. Dr Tay has made full restitution to PHSS.

To hide the fact that cheque payments were made to Dr Tay, Huang instructed Ms Lee to record the cheques as being paid to a fictitious entity known as US Imaging Consultancy.

Huang's lawyer Abraham Vergis said his client did not profit from the acts and had the case hanging over his head for eight years.

He said Huang, who suffers from various health conditions, has been contributing significantly to charitable works and the community in general.

"Through his homegrown company, Singapore Medical Group (SMG), he has provided much needed help to the community through its corporate social responsibility schemes,'' he said. SMG is LSC's parent company.

Huang could have been jailed for up to two years and fined for abetment of dishonest misappropriation, and up to seven years and fined for falsifying accounts.

 

[scroobal]

Ex-clinic manager, my arse. The brothel press knows full well who Felix Huang is. Journalists have access to their own archives and if they want to milk a story they would have no qualms. This guy is a multi-millionaire and owns a number of properties in Sentosa Cove, Orchard Rd, China and overseas. He also has a very expensive art collection. He married a PRC with a PHD whose family member is a ranking cadre of Deng and she too received her benefits from the family's ill-gotten gains. The PRC took out a deed poll where she changed both her first and surname to an Ang Mo name and she looks exactly like PRC and speaks like one.

The impression is that Marc Tay employed him when it is actually the other way around. The guy and his wife have had extensive holdings in the medical business including overseas.

They doubled his bail to $30k for him to travel!! I don't think he is going anywhere but that would be his weekly entertainment allowance.