Accountant jailed four-and-a-half years for forgeries and falsifying documents

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Accountant jailed four-and-a-half years for forgeries totalling $452K and falsifying documents


Published on May 6, 2015 2:48 PM

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Loke Kar Fai, a 27-year-old Malaysian, was employed by Swee Chioh Fishery when he committed 364 offences. -- PHOTO: SINGAPORE POLICE FORCE

By Elena Chong

SINGAPORE - An accountant was jailed a total of four-and-a-half years on Wednesday for a series of forgery offences involving a total of $451,538 over a year.

Loke Kar Fai, a 27-year-old Malaysian, was employed by Swee Chioh Fishery when he committed 364 offences, including falsifying payment vouchers.

Loke, who pleaded guilty to 30 counts, said in his police statement that he committed the offences to pay his father's debts. He also admitted that he used up all the money obtained from the forgeries to those ends and for his own personal expenses and gambling.

Deputy Public Prosecutor Norman Yew said Loke, who started working for the company in 2012, was entrusted to handle the company's cheques and payments.



 
"allowing foreign professionals to work in Singapore in fact creates more good jobs for Singa¬poreans. If we are too tight on foreign PMEs, I think many
companies would be deterred from coming here, and the jobs for Singa¬porean PMEs may not even exist in the first place "

Swee Chioh Fishery may not even survive without foreign professionals and the jobs for locals inside may not even exist-right?, so lets move on.
 
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