Man accused of misappropriating over S$270k allegedly lied to cop that robbers took the cash

Lek Tai Yong (left) made a false police report claiming that two people had robbed him while Eddie Ong Wei Xian was charged with one count of abetting Lek to commit criminal breach of trust. - ST

SINGAPORE (The Straits Times/Asia News Network): A former director at crypto-mining firm Frontier Digital Asset Management, who was entrusted with S$270,400 of its monies, allegedly misappropriated the amount shortly before 1am on Aug 31.

Lek Tai Yong, 26, is then said to have made a false police report later that morning, claiming that two people had robbed him of the monies, which had come from investors.