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WHAT IS A FEW YEARS IN JAIL OR EVEN GETTING OFF SCOTS FREE?
CRIMINAL BREACH OF TRUST OR STEALING FROM BOSSES AND THE ACCOUNTS OF CLIENTS, COMMANDS A PENALTY OF A FEW SHORT YEARS FOR A FEW HUNDRED THOUSAND TO MILLIONS OF DOLLARS, UNLESS IT'S FROM A GOVERNMENT LINKED COMPANY.
HOW MANY YEARS OF SLOGGING TO EARN THE MONEY THAT YOU CAN SUCCESSFULLY STEAL? THIS GUY BELOW IS A GOOD EXAMPLE.....
Home > Breaking News > Singapore > Story
Sep 11, 2009
FAKE DEGREES MILL
Brookes faces lawsuit
But tracking down defendants' assets could be difficult and fruitless
By Amelia Tan
Brookes Business School's Benny Yap is helping the police with investigations.
THE partners behind the school offering fake degrees, who did not contest a suit filed by 19 students, have been ordered by the High Court to pay the students back $529,000.
But that is not the end of it.
Brookes Business School's Benny Yap and Lim Cheow Young are staring at another lawsuit, this one filed by 31 students, who are asking for $528,000.
The hearing for this suit will be held on Sept 25.
Courts usually rule against defendants who do not respond to the suit by a given deadline.
However, lawyers who spoke to The Straits Times said that tracking down the two men's assets could be a drawn-out business - and one that may not yield fruit at that.
The Ministry of Education ordered Brookes shut in mid-July after The Straits Times exposed it for conferring fake degrees from brand-name universities including Australia's Royal Melbourne Institute of Technology.
About 400 students, half of them foreigners, were left in the lurch with the closure of the school.
The two groups of students who have sought legal action, mostly Chinese nationals, are represented by lawyer Leonard Loo.
Mr Loo said his next step was to find out where the two men have parked their assets and assess their value.
CRIMINAL BREACH OF TRUST OR STEALING FROM BOSSES AND THE ACCOUNTS OF CLIENTS, COMMANDS A PENALTY OF A FEW SHORT YEARS FOR A FEW HUNDRED THOUSAND TO MILLIONS OF DOLLARS, UNLESS IT'S FROM A GOVERNMENT LINKED COMPANY.
HOW MANY YEARS OF SLOGGING TO EARN THE MONEY THAT YOU CAN SUCCESSFULLY STEAL? THIS GUY BELOW IS A GOOD EXAMPLE.....

Home > Breaking News > Singapore > Story
Sep 11, 2009
FAKE DEGREES MILL
Brookes faces lawsuit
But tracking down defendants' assets could be difficult and fruitless
By Amelia Tan
Brookes Business School's Benny Yap is helping the police with investigations.
THE partners behind the school offering fake degrees, who did not contest a suit filed by 19 students, have been ordered by the High Court to pay the students back $529,000.
But that is not the end of it.
Brookes Business School's Benny Yap and Lim Cheow Young are staring at another lawsuit, this one filed by 31 students, who are asking for $528,000.
The hearing for this suit will be held on Sept 25.
Courts usually rule against defendants who do not respond to the suit by a given deadline.
However, lawyers who spoke to The Straits Times said that tracking down the two men's assets could be a drawn-out business - and one that may not yield fruit at that.
The Ministry of Education ordered Brookes shut in mid-July after The Straits Times exposed it for conferring fake degrees from brand-name universities including Australia's Royal Melbourne Institute of Technology.
About 400 students, half of them foreigners, were left in the lurch with the closure of the school.
The two groups of students who have sought legal action, mostly Chinese nationals, are represented by lawyer Leonard Loo.
Mr Loo said his next step was to find out where the two men have parked their assets and assess their value.