![]() He bet big amounts of money, up to S$150,000, and used his clients’ money to chase his losses. He appealed against the conviction and sentence.Įwe’s gambling addiction started when he was very young and continued through his adulthood. ![]() During the trial, his lawyer argued that he wasn’t trusted with the money in the way of his business as an agent, but the judge found him guilty, and he was sentenced to 25 years and 10 months in jail on July 16, 2019. In March 2019, he was found guilty of 50 charges of criminal breach of trust as an agent. Ewe moved the money between different entities to hide his crime. He took money from 21 companies, including six Hewlett-Packard subsidiaries, and also stole assets from an individual while working as a receiver.Įwe was caught in July 2012 after HP group asked about the assets from the liquidation of the companies. Instead of paying creditors and recovering assets, the man transferred the money to bank accounts that only he could use. His early exposure to gambling came from helping his father’s illegal gambling operation.Įwe’s job as a liquidator, receiver, and agent allowed him to control his clients’ bank accounts and assets. He used the money to fuel his gambling addiction, which started when he was six years old. Mr Ewe Pang Kooi is a Malaysian, and a Singapore permanent resident.Įwe Pang Kooi, an accountant, stole around S$41 million from different clients for 10 years (from 2002 to 2012). This case happened in Singapore, some time back. Mr Ewe Pang Kooi, the Accountant Who Committed Criminal Breach of Trust. Today we look at an example of criminal breach of trust, beginning with a story about a certain Mr Ewe. That would be a much bigger breach of trust and a serious crime. Now imagine if someone was in charge of a lot of money, like an accountant or a company executive, and they took that money for themselves instead of doing what they were supposed to do with it. If you decide to take their phone and sell it instead, that would be a breach of trust because your friend trusted you to take care of their phone, not sell it. Criminal breach of trust is when someone who is trusted to take care of something, like money or property, uses it for their own personal gain instead of doing what they are supposed to do with it.įor example, let’s say your friend asks you to hold onto their phone while they go to the bathroom.
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