Singapore woman sentenced to nearly 10 years in prison for stealing $ 4.2 million from a bag

Former salary manager, Hay Ka Ksin, was sentenced to nine years and 11 months in prison for the stealing of $ 4.2 million from the trash.

Toward Singapore News Outlet The WeatheringThe 32-year-old woman pleaded guilty at five cheat charges, eight points to use criminal behavior and a number of providing false information to a public servant. As many as 30 other charges were considered during the hearing of their court before it was convicted.

The Prosecution said Ho used 5.7 million SGDs ($ 4.2 million) in the value of the crypto funds stolen Bibit Fintech will “live a sumptuous lifestyle” from June 2022. October 2021. until 6. October manipulated Microsoft Excel spreadsheets when working as an external salary manager, conducting payments of 900 bibits.

At the end of January, Ho has already received a six-day prison sentence for non-compliance with the Court’s order when approximately 840,000 SGDs (627,000 SMD (627,633 SGDs from stolen funds on penthouse and luxurious goods after the Civil Court ordered The Civil Court to ordered the Civil Court.

He will start serving her longer punishment after she finishes six weeks in prison.

How HO Kai Ksin stole $ 4.2 million from a bar

Jeremi Bin Vice President said Ho used funds that stole from CRIPTO Exchange to buy luxury items such as sunglasses, bags, shoes, shirts and rings from Louis Vuitton. She also set up a payment of about 750,000 SGD ($ 560,388) for Penthouse worth over 3.7 million SGDs ($ 2.7 million).

For the first time, Ho committed the stole in May 2022. year when he stole more than 117,000 SGDs ($ 87,417) from Vechain, the company enrolled to process paylists for committee employees. She manipulated Microsoft Excel files to ensure that the funds were transferred to their bank accounts instead of the company.

“When her actions went undetected, the accused became grown up, going to cheating Spree to leak his client company, Bittybt,” Kanta said.

HO owner of six bank accounts and four electronic bills on four different crypto platforms. It would alterate the ranks of budget sheets for payments that owes the CRIPTO company in the USDT (USDTT) So the funds will be sent to her wallet address instead of a wallet by employees.

Ho would then turn the stolen funds cropto in Fiat Currency. From 31. until 31. May 2022. year, Bitybt made eight cryptocurnent transfers in Ho was four wallets of more than $ 4.2 million.

After translating the company in switching around $ 4.3 million in crypto in his wallets, a large part of stolen funds was performed in order to be insensitive.

Its crimes were discovered in September 2022. years, when the Funding Director of Vechain noticed the oddly large crypto transfers in the table. After the end of the internal investigations, the Vechain representative reported Ho to the police in February 2023. years. It was arrested for two months later.