SINGAPORE - A man cheated his former colleague of almost $4 million by getting him to put money into a so-called investment scheme with guaranteed returns.
To support his lies, Cheong Eh Meng forged documents from places, including Singapore's Supreme Court and Subordinate Courts, before handing them to Mr Eddy Tan Huck Shoon, 65.
Mr Tan lost all of his life savings to the scam, the court heard. He also has to continue working to pay off his debts as he had taken loans to obtain cash, which he handed to Cheong.
Cheong, 55, was sentenced to nine years' jail on Thursday (Feb 14). He pleaded guilty last month to 20 counts of cheating and seven forgery charges.
He also admitted to two counts of being in possession of a counterfeit seal. The court heard that he committed his offences between 2011 and 2013.