39 white-collar criminals arrested in massive operation
By Dylan Loh | Posted: 11 August 2011 2240 hrs
SINGAPORE: Police have arrested 39 white-collar criminals after a two-day island-wide operation.
The 30 men and nine women are aged between 15 and 58.
In the operation, officers conducted raids at multiple locations, including Sengkang, Choa Chu Kang, Toa Payoh, Jurong West, Yishun, and Pasir Ris.
Those arrested committed offences like criminal breach of trust as a servant, forgery for the purpose of cheating, and various other cheating-related offences.
In one case, a 48-year-old man allegedly misappropriated some S$11.7 million from his employer.
He sold off his employer's materials and pocketed money from the sales.
The man apparently wanted to pay off debts and used the money for personal expenses.
11 of those arrested will be charged in court while investigations on the rest are ongoing.
- CNA/ck
