Staff Who Stole From M1
Tuesday, 8th February 2011
The High Court ordered Mr. Yeo Kay Keng, 35-year old, to pay S$2 million in damages to Telco M1 (his ex-employer). Mr Yeo, who sold M1 handsets and phone subscriptions to corporate clients, had allegedly been cooking up fake sales orders over three years. Yeo had also disclosed his spending spree. He bought a S$230,000 Porsche Sports Car and later upgrading to another S$430,000 model. He also bought a S$50,000 Patek Philippe watch and four Audemars Piguet watches that cost between S$15,000 and S$30,000 each. He had a large collection of fishes which included a S$200,000 stingray and a school of arowanas that worthed S$160,000.