The Star
SINGAPORE: In order to settle his gambling debts, a legal executive schemed to cheat his own firm and its long-time client out of more than S$260,000.
The man, who had been employed at the law firm since 1994, had the client transfer the money on several occasions to the firm’s bank account, from which he subsequently took the money.
He told the firm’s lawyers he needed the money for office expenses and client payments on separate occasions.
On Friday (Nov 8), Ram S Naidu, 61, was convicted on six charges involving cheating, falsification of accounts, forgery and criminal breach of trust.
He agreed to have 13 other related charges taken into account for his sentencing on Dec 4.
The court head that Naidu had orchestrated his plan as he had incurred gambling debts between 2014 and 2021.
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