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Rajput Kuldeep Singh Vithal Singh's other charges include fraud by false representation.
PHOTO: BIOFOURMIS
Summary
Published Feb 04, 2026, 12:10 PM
Updated Feb 04, 2026, 04:45 PM
SINGAPORE – The former chief executive of healthcare start-up Biofourmis Holdings has been charged for multiple offences, including allegedly asking his staff to falsify company invoices claiming they had offered services worth millions to the Ministry of Health (MOH).
On Feb 4, Rajput Kuldeep Singh Vithal Singh, who was also the former director of the company, was handed seven charges in a district court.
This includes three counts of abetting the falsification of accounts, three charges of fraud by false representation or abetment of the offence, and one count of forgery for the purpose of cheating.
Police said between Aug 18, 2021, and Feb 28, 2022, the 34-year-old Indian national had allegedly instigated his staff to falsify company invoices purporting that Biofourmis Singapore had rendered services worth US$16,491,375 (S$20,941,600) to MOH.
Charge sheets state that the invoices were for services relating to the Biovitals Sentinel Platform, which remotely monitors patients and provides clinicians with their vital signs, according to past reports.
Between March 28 and April 25, 2022, Rajput allegedly made, and also instigated others to make, false representations about Biofourmis Holdings and its subsidiaries.
The representations involved false revenue figures and financial statements, and claims that “discussions with the MOH on payment are ongoing”, according to charge sheets.
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He had also purportedly forged an employee stock option plan offer letter on Nov 29, 2022, intended to cheat DBS Bank into transferring funds.
Rajput, who is represented by Mr Eugene Thuraisingam and Mr Faraaz Amzar from Eugene Thuraisingam Asia, indicated in court on Feb 4 that he intends to claim trial.
He is out on $600,000 bail. His case is scheduled for a pre-trial conference on April 1.
If convicted of fraud by false representation or abetting it, Rajput could be jailed up to 20 years, fined, or both for each charge.
The offence of falsifying accounts or its abetment carries maximum 10 years’ jail, fine, or both for each charge.
Those convicted of forgery for the purpose of cheating may also be jailed for up to 10 years and fined.
Ex-CEO of healthcare start-up charged over alleged $20m false invoices to MOH
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Rajput Kuldeep Singh Vithal Singh's other charges include fraud by false representation.
PHOTO: BIOFOURMIS
Summary
- Biofourmis' ex-CEO, Rajput Kuldeep Singh, faces seven charges, including instigating his staff to falsify invoices to MOH totalling US$16,491,375.
- Rajput also allegedly made false revenue claims and forged a document to deceive DBS Bank.
- He intends to claim trial and is out on $600,000 bail; convictions could result in jail terms up to 20 years and fines.
Published Feb 04, 2026, 12:10 PM
Updated Feb 04, 2026, 04:45 PM
SINGAPORE – The former chief executive of healthcare start-up Biofourmis Holdings has been charged for multiple offences, including allegedly asking his staff to falsify company invoices claiming they had offered services worth millions to the Ministry of Health (MOH).
On Feb 4, Rajput Kuldeep Singh Vithal Singh, who was also the former director of the company, was handed seven charges in a district court.
This includes three counts of abetting the falsification of accounts, three charges of fraud by false representation or abetment of the offence, and one count of forgery for the purpose of cheating.
Police said between Aug 18, 2021, and Feb 28, 2022, the 34-year-old Indian national had allegedly instigated his staff to falsify company invoices purporting that Biofourmis Singapore had rendered services worth US$16,491,375 (S$20,941,600) to MOH.
Charge sheets state that the invoices were for services relating to the Biovitals Sentinel Platform, which remotely monitors patients and provides clinicians with their vital signs, according to past reports.
Between March 28 and April 25, 2022, Rajput allegedly made, and also instigated others to make, false representations about Biofourmis Holdings and its subsidiaries.
The representations involved false revenue figures and financial statements, and claims that “discussions with the MOH on payment are ongoing”, according to charge sheets.
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He had also purportedly forged an employee stock option plan offer letter on Nov 29, 2022, intended to cheat DBS Bank into transferring funds.
Rajput, who is represented by Mr Eugene Thuraisingam and Mr Faraaz Amzar from Eugene Thuraisingam Asia, indicated in court on Feb 4 that he intends to claim trial.
He is out on $600,000 bail. His case is scheduled for a pre-trial conference on April 1.
If convicted of fraud by false representation or abetting it, Rajput could be jailed up to 20 years, fined, or both for each charge.
The offence of falsifying accounts or its abetment carries maximum 10 years’ jail, fine, or both for each charge.
Those convicted of forgery for the purpose of cheating may also be jailed for up to 10 years and fined.
