By Shaffiq Alkhatib | Posted: 25 February 2011 1434 hrs
Friday with six counts of criminal breach of trust
and another two with forgery involving nearly S$720,000 in
all.
48-year-old Teo Puay Ee, who was from Shiptech, had allegedly
converted nearly S$690,000 of the firm's money for her own use
between February 2005 and September, last year.
She is also believed to have forged two cheques worth nearly
S$31,000 in December 2009 and April, last year.
The cheques were issued by Teo's then-employer and she allegedly
doctored the names of the payees to cheat United Overseas
Bank.
The small sized, bespectacled woman was offered a bail of S$500,000
and will be back in court on March 4, 2011.
If convicted of criminal breach of trust, Teo could be jailed up to
seven years and fined for each charge.
And if found guilty of forgery with the purpose of cheating, she
can be jailed a maximum of 10 years and fined for each
charge.
- CNA