2 men charged with conspiring with ex-lawyer Jeffrey Ong to misappropriate millions of dollars
According to court records, the two men pleaded not guilty to their respective charges.
Two men were charged on September 23, 2023, for allegedly conspiring with former lawyer Jeffrey Ong to misappropriate millions of dollars, according to court records. Ong was sentenced to 19 years in prison in 2023 for cheating and misappropriating millions of dollars. The charges against the two men, Wong Koon Lup and Kenneth Low Si Ren, follow Ong's conviction.
Wong, 63, was a former CEO and chairman of CW Group Holdings, while Low, 38, was a former executive director of Allied Technologies. Both men pleaded not guilty to their respective charges. The allegations involve Ong's alleged misappropriation of nearly S$76 million, of which S$17 million was held in CW Group's escrow facility with JLC, and S$11 million in Allied Technologies' escrow facility with JLC.
The men are accused of conspiring with Ong to commit criminal breach of trust, cheating, and providing false audit confirmations to CW Group's statutory auditor, Ernst & Young Solutions.
Written by urgent.news from CNA - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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