Skip to main content
Home The New Paper
  • Home
  • News
    • Singapore
    • World
    • Business
    • Views
    • Backstage
    • Others
  • Sports
    • Football
    • Singapore Football
    • Team Singapore
    • School Sports
    • Athletics
    • Basketball
    • Cricket
    • Swimming
    • Tennis
    • Golf
    • Racing
    • Others
  • Entertainment
    • Movies
    • Music
    • TV
    • Star Style
    • School of Frock
  • Lifestyle
    • Makan
    • Hed Chef
    • Weets Eats
    • Health
    • Tech
    • Travel
    • Fashion
    • Shopping
    • Biker Boy
    • Celeb Chow
    • Others
  • Racing
  • Your Tip-Offs
  • Read E-Paper
  • Contests
  • Coupon
  • Team

Popular

  • COURT & CRIME
  • Food & Drink
Singapore

Lawyer faces 19 new charges, total sum involved is over $75m

Lawyer faces 19 new charges, total sum involved is over $75m
Jeffrey Ong Su Aun. PHOTO: JLC ADVISORS
Shaffiq Alkhatib
Oct 21, 2020 06:00 am
  • Share on Facebook
  • Share on Twitter
  • Share on WhatsApp
  • E-mail this article
  • 0 Engagements

A lawyer who left Singapore after more than $33 million parked in his firm went missing has been slapped with 19 new charges.

Jeffrey Ong Su Aun was charged yesterday with 14 counts of criminal breach of trust as an attorney involving more than $17.4 million, as well as five counts of cheating.

With this latest development, the 43-year-old Singaporean now faces a total of 31 criminal breach of trust (CBT) charges linked to nearly $70 million.

The Straits Times understands that this is one of the largest amounts to date in relation to such offences. In comparison, the six City Harvest Church leaders were found guilty of misusing $50 million in church funds in 2015.

Ong also faces 45 other charges for offences including forgery and cheating. They involve another $6 million.

He was the managing partner of law firm JLC Advisors when over $33 million held in escrow in the firm for a client, Allied Technologies, went missing.

Jail, caning for Briton who molested 3-year-old during class
Singapore

Briton jailed for molesting 3-year-old girl during class

Mar 04, 2021

Related Stories

DJ Tenashar claims trial to 9 charges, some drug-related

Dedicated court for harassment cases to begin operations this year

Mum accused of murder gets discharge not amounting to acquittal

Escrow is an essential service in capital markets that supports transactions such as mergers as well as acquisitions.

His latest CBT charges as an attorney involve more than $17.4 million that was held in escrow by JLC Advisors for the firm CW Group Holdings, which is listed on the Hong Kong Stock Exchange.

He is accused of misappropriating the monies in 2015 and 2016, and is said to have largely engaged in a conspiracy with one Wong Koon Lup, whose details were not revealed in court documents.

Ong is no longer the managing partner at the firm.

Wong allegedly engaged in a conspiracy to cheat five times between 2016 and 2018.

Ong, who appeared in court via video link yesterday, was not offered bail. His case has been adjourned to Nov 25.

Ong first made the headlines last year after the monies went missing and he subsequently vanished. It later emerged that he had left for Malaysia in a private-hire car.

He moved to a hotel in Kuala Lumpur and was at the hotel when officers from the Royal Malaysia Police arrested him later that month.

He was brought back to Singapore on May 30 last year.

Get The New Paper on your phone with the free TNP app. Download from the Apple App Store or Google Play Store now

COURT & CRIME

Shaffiq Alkhatib

Read articles by Shaffiq Alkhatib
  • Share on Facebook
  • Share on Twitter
  • Share on WhatsApp
  • E-mail this article
  • Newslink -  Purchase this article for republication

Top Stories this Month

Makansutra: Mad for this moist millennial char kway teow
Makan

Mad for this moist and marvellous char kway teow

Feb 25, 2021
MasterChef Singapore 2 finalists spill the beans
TV

MasterChef hopefuls spill the beans

Feb 25, 2021
Jaime Teo to be sentenced in March over Twelve Cupcakes wages
Singapore

Jaime Teo to be sentenced next month in Twelve Cupcakes case

Feb 26, 2021
Home
  • Contests
  • Coupon
  • Team
  • Home
  • News
    • Singapore
    • World
    • Business
    • Views
    • Backstage
    • Others
  • Sports
    • Football
    • Singapore Football
    • Team Singapore
    • School Sports
    • Athletics
    • Basketball
    • Cricket
    • Swimming
    • Tennis
    • Golf
    • Racing
    • Others
  • Entertainment
    • Movies
    • Music
    • TV
    • Star Style
    • School of Frock
  • Lifestyle
    • Makan
    • Hed Chef
    • Weets Eats
    • Health
    • Tech
    • Travel
    • Fashion
    • Shopping
    • Biker Boy
    • Celeb Chow
    • Others
  • Racing
  • Your Tip-Offs
  • Read E-Paper
  • Contact TNP
  • About SPH
  • Privacy Statement
  • Data Protection Policy
  • Member Terms & Conditions
  • Website Terms & Conditions
SPH Digital News Copyright © 2021 Singapore Press Holdings Ltd. Co. Regn No. 198402868E