SINGAPORE – For seven years from 2017 to 2024, the director of a real estate management firm allegedly misappropriated more than $400,000 in maintenance fees paid by residents of four condominiums.
The 55-year-old woman is expected to be charged in court on Dec 17 for her suspected involvement in cases of criminal breach of trust by agent and forgery-related offences, the police said in a statement on Dec 16.
The police added that they received several reports about the woman’s alleged crimes between April 2021 and May 2024.
As the appointed managing agent of the four condominiums, her company’s responsibilities included handling the monthly maintenance fees from residents. The police did not name the woman or her firm.
