Woman who stole US$4.2mil worth of crypto gets six weeks’ jail for disobeying civil court order


During investigations, the police seized items that Ho had bought with proceeds of her crimes. They include Louis Vuitton luxury goods and a Mercedes Benz AMG A45. - SINGAPORE POLICE FORCE

SINGAPORE: A woman who cheated a company out of US$4.2 million (S$5.7 million) worth of cryptocurrency was ordered by a civil court not to use the funds.

But Ho Kai Xin disobeyed the court orders issued in October 2022 and spent close to S$840,000 on payments for a freehold penthouse and on Louis Vuitton luxury goods from November to December that year.

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