Embezzlement cases linked to casinos

 

Lee Lim Kiong, a director of PSM Fasteners, was sentenced to 4 1/2 years imprisonment after pleading guilty to two charges  of criminal breach of trust as a servant. Lim is said to have embezzled nearly S$800,000 ($636,000) from his employer, using much of the money to gamble in Macau casinos. Police separately arrested a chief cashier from Standard Chartered Bank last week for allegedly embezzling S$500,000. She was arrested carrying S$4,905 in gaming chips.