SINGAPORE - An insurance agent preyed on 32 of his clients and made off with their monies totalling more than $190,000.
The 53-year-old man was sentenced to two years and 10 months' jail on Tuesday , after pleading guilty to 13 counts of criminal breach of trust and a cheating charge.Deputy Public Prosecutor Vadivalagan Shanmuga said Poh became a Great Eastern insurance agent in 1992 and built longstanding relationships with his clients. But he later misappropriated their monies meant for items such as payment of premiums.
DPP Vadivalagan told District Judge Christopher Tan that Poh knew that the cheque was invalid as the bank account linked to it had been closed. However, he still used it as a ploy to stall for time.
Source: Insurance Report (insurancereport.net)
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