Ex-housing agent gets 5 years and 3 mths for CBT of $559,200
Published on Sep 3, 2014 12:35 PM
By Elena Chong
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SINGAPORE - A former housing agent who was convicted of misappropriating more than $500,000 was sentenced to five years and three months in prison on Wednesday.
Terence Yan Khek Yong, 30, was found guilty on Tuesday after a 15-day trial of criminal breach of trust involving five cheques entrusted to him by Mr Chan Kee Kok, who was 89 in 2010 and has since died. He was also convicted of instigating Mr Chan's Indonesian maid Sarina to lie to the police, saying that Mr Chan had told Yan to spend a cheque for $200,000.
Yan is appealing and his bail of $100,000 was increased by another $30,000.
Mr Chan had engaged Yan of HSR International Realtors as an agent to sell his Modena apartment in Simei and buy a smaller one for him and his intellectually-impaired daughter to live in.