Oct 12, 2010
Woman steals $642k from boss
By Khushwant Singh
AS THE executive secretary of a director in one of the 'Big Four' accounting firms here, Siew Siu Yin, 45, was a trusted employee. Reporting to Mr Kikuo Yokota, 65, she managed the administrative matters of one of the units in KPMG, and also attended to some of his personal matters. A year into her job, in July 2003, she began stealing his money by forging his signatures on cheques from his chequebook.
Over the next seven years, she helped herself to $642,000 of his money. She pleaded guilty on Tuesday to 23 out of the 164 charges she had racked up. The remaining charges will be considered when she is sentenced in about two weeks. Siew was able to cover her tracks by forging Mr Yokota's signature on letters she wrote to Singapore Post in which he 'authorised' a diversion of his bank statements to a post office mail box to which only she had access.
Read the full story in Wednesday's edition of The Straits Times.