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Posted By Topic: Woman jailed for cheating employer out of nearly $800,000       - Views: 116
LONGSTER
25-Apr 2024 Thursday 2:03 PM (10 days ago)
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Woman jailed for cheating employer out of nearly $800,000 to fund her lavish lifestyle




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LONGSTER
25-Apr 2024 Thursday 2:04 PM (10 days ago)            #2
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SINGAPORE – A senior claims manager at an insurance firm cheated her company out of nearly $800,000 over a span of five years, from 2015 to 2020.

She used the money to fund a lavish lifestyle, including her travels overseas and dining out. She also bought luxury bags, shoes and high-end cosmetics for herself.

On April 24, Jelly Chua Li Li, 40, was sentenced to a total jail term of five years and one month.



She had earlier pleaded guilty to three counts of cheating, and two charges of dealing with the benefits of her criminal conduct.

Seven other charges were taken into consideration for sentencing. Court documents did not reveal the nature of the charges.

Chua, 40, was employed by Liberty Insurance between 2011 and 2020. Starting off as a recovery executive, she had risen to a senior claims manager by the time her offences came to light.

She could authorise payment claims for insurance files for payments, and her authorisation limit for approving and creating claims at the firm increased from $30,000 to $100,000 as she rose through the ranks.

Court documents said no further checks by the company would be made if Chua approved an amount that fell within her authorisation limit.

The prosecution said that from 2015 to 2020, Chua submitted 131 separate fraudulent insurance claims amounting to $790,793.03 from her company’s payment system, that were paid into her and her husband’s bank accounts.

During the same period, Chua transferred $66,869.50 of the proceeds to a bank account in Malaysia.

The prosecution said Chua had shown a high level of premeditation and planning for her crimes.

She had cheated her firm by either reusing old invoices to support her fraudulent claims, or reopening closed files to create and approve more claims, credited to herself or her husband.

For both her methods, Chua made sure to select the Giro payment option as she knew that, under Giro, remitting banks do not check if the payee’s name matches the account holder’s name.

Court documents said Chua used primarily her husband’s bank account to avoid detection, as she knew Liberty had details of her bank account.

Her act only came to light in September 2020, after Chua’s colleague noticed that there were duplicates of payments made to the same law firm that provided services to Liberty.




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LONGSTER
25-Apr 2024 Thursday 2:04 PM (10 days ago)            #3
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Further checks led to the discovery of multiple duplicate and fraudulent payments made by Chua. She confessed to the fraudulent payments when confronted by the company.

The prosecution, which sought a sentence of between 68 to 74 months’ jail, said Chua was not truly remorseful as she only stopped when she was caught.

The prosecution said Liberty only managed to recover a “meagre” $17,021.21, or less than 3 per cent of the total amount Chua had cheated her firm out of.

She has not made any voluntary restitution to date.

For each count of cheating, an offender can be jailed for up to 10 years and fined.

For each count of dealing with the benefits of criminal conduct, a person may be jailed for up to 10 years, fined up to $500,000, or both.




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25-Apr 2024 Thursday 2:44 PM (10 days ago)            #4
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seelangui
25-Apr 2024 Thursday 3:33 PM (10 days ago)            #5
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LONGSTER
25-Apr 2024 Thursday 3:58 PM (10 days ago)            #6
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Money transferred to Malaysia Liao ? Can only track back 17k ???? 😅😱🫡




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seelangui
25-Apr 2024 Thursday 4:05 PM (10 days ago)            #7
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quote originally posted by LONGSTER:
Money transferred to Malaysia Liao ? Can only track back 17k ???? 😅😱🫡




She smart 
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25-Apr 2024 Thursday 5:00 PM (10 days ago)            #8
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quote originally posted by seelangui:

She smart 
spends it's all 



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25-Apr 2024 Thursday 5:00 PM (10 days ago)            #9
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Malaysia finds parasitic worms in over 16 tonnes of canned sardine imported from China via Singapore
Sherlyn Sim

The anisakis worms, as seen in this handout photo, can cause an infection with symptoms such as vomiting and diarrhoea. PHOTO: JOHOR MALAYSIAN QUARANTINE AND INSPECTION SERVICE (MAQIS)
The Malaysian authorities have detected parasites in a shipment of canned sardine weighing over 16 tonnes imported from China via Singapore, Malaysian media reported.

Malaysian Quarantine and Inspection Services Department (Maqis) said that samples taken from the batch were contaminated with anisakis worms, a type of parasite that, if ingested, can cause an infection with symptoms such as abdominal pain, nausea, vomiting and diarrhoea.

On March 27, the shipment worth RM83,879 (S$24,000) from China reached Singapore before entering Malaysia via lorry without an import permit, according to Malay Mail.

The shipment of sardines was seized at the Customs, Immigration and Quarantine Complex at Bangunan Sultan Iskandar (BSI) checkpoint in Johor Bahru.

The officers took the statement of the lorry driver, 30, before letting him go.

It was not clear if the canned sardine was sold in Singapore.

ST has contacted the Singapore Food Agency (SFA) and Maqis for comment.

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If convicted of importing items that contained pests, diseases or contaminants in Malaysia, one can be fined up to RM100,000, jailed for up to six years, or both.

According to a 2020 University of Washington study, there had been a 283-fold increase in anisakis globally since the 1970s. While the researchers were not entirely sure of the cause of the surge, they thought that climate change, more nutrients from fertilisers and run-off and an increase in marine mammal populations were some of the possible reasons.

In 2023, a woman in Singapore found a parasitic worm moving in her sashimi rice bowl from the Don Don Donki at 100 AM mall in Tanjong Pagar.

The SFA said at that time that ready-to-eat raw fish is considered a high-risk food as it does not go through a cooking process, and added that vulnerable people with lower immunity system should not consume raw fish.




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seelangui
25-Apr 2024 Thursday 5:04 PM (10 days ago)            #10
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😬eat raw fishes 
I liked cooking 1 only



see what you want to see believe all you see
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Use main bet as base the rest side bet to add on to max win or more Name it Eye jackpot system 南神眼



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LONGSTER
25-Apr 2024 Thursday 5:04 PM (10 days ago)            #11
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quote originally posted by seelangui:
😬eat raw fishes 
I liked cooking 1 only


This message was edited by LONGSTER on 25-Apr-2024 at 5:05 PM




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