A 42-year-old accounts manager in Singapore has been arrested for allegedly misappropriating S$1.4 million from her company's funds to pay her scammer.
She will be charged in court on Saturday (Oct. 12).
Paid scammer for a parcel of cash and valuables
According to a police statement, the woman allegedly transferred the money to the scammer in the hopes of receiving a parcel of cash and valuables, but it did not arrive.
She then lodged a police report on Oct. 10 regarding the matter with her "online friend".
Transferred a total of S$1,426,718 from company funds
However, further investigations revealed that she had misappropriated S$1,426,718 from company funds to pay the scammer, in her capacity as an accounts manager.
She was therefore arrested on charges of criminal breach of trust as a servant.
Looking at a potential jail term of up to 15 years
Under Section 408 of the penal code, criminal breach of trust as a servant is punishable with a jail term of up to 15 years, as well as a fine.
Top photo by Sean Lim via Unsplash