Jail for Shenton Way consignment store owner who misappropriated nearly $140k from 5 victims

Customers had to leave their bags at the store for 60 days or incur a $60 penalty fee.

West Closet would take a cut of the earnings after it sold the bags on the owners’ behalf.

This cut ranged from $200 to $900, said Deputy Public Prosecutor Darren Sim.

On July 2, 2022, one of the victims put up three bags – two Hermes and one Chanel – on a consignment basis at West Closet and was guaranteed a total of $51,000 if they were sold.

The victim then received a notice that expressly guaranteed that once the bags were sold, the payment would be credited to the victim’s bank account within seven days.

Ringga later sold all three bags and earned around $51,000.

Instead of handing the amount to the victim as agreed, she misappropriated the money by putting it towards another customer’s order.

Using a similar method, she misappropriated $33,500 from a second victim who had placed an Hermes bag for sale at West Closet.

Separately, Ringga misappropriated another $23,500 from a third victim who had also placed an Hermes bag for sale at the store.

Ringga was arrested in September 2022 and was charged in 2024.

Her bail was set at $15,000 on Aug 13, and she is expected to begin her jail sentence in October.

For each count of criminal breach of trust, an offender can be jailed for up to seven years, fined or both.