2 men charged with conspiring with ex-lawyer Jeffrey Ong to misappropriate millions of dollars

2 men charged with conspiring with ex-lawyer Jeffrey Ong to misappropriate millions of dollars


He also faces six counts of cheating. He allegedly conspired with Ong to provide false audit confirmations to CW Group’s statutory auditor, Ernst & Young Solutions.

According to court documents, Ong purportedly deceived Ernst & Young into believing that the CW Group escrow account maintained by JLC contained certain balances when it did not. Through this, Ong intentionally induced the auditor to issue a clean opinion on its audit of CW Group’s Singapore-based entities, which it would not have done had it not been deceived, the documents read.

Wong is also accused of instigating his finance employees to falsify CW Group’s financial statements for the financial years 2015 and 2016 by recording false payment and receipt vouchers.

Low was handed five charges, including four for allegedly conspiring with Ong to commit criminal breach of trust as an attorney. These charges involve the alleged misappropriation of more than S$11 million held in Allied Technologies’ escrow facility with JLC.




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