Ex-CEO of healthcare start-up charged over alleged $20m false invoices to MOH
SINGAPORE — The former chief executive of healthcare start-up Biofourmis Holdings has been charged for multiple offences, including allegedly asking his staff to falsify company invoices claiming they had offered services worth millions to the Ministry of Health (MOH).On Feb 4, Rajput Kuldeep Singh Vithal Singh, who was also the former director of the company, was handed seven charges in a district court.This includes three counts of abetting the falsification of accounts, three charges of fraud by false representation or abetment of the offence, and one count of forgery for the purpose of cheating.Police said between Aug 18, 2021, and Feb 28, 2022, the 34-year-old Indian national had allegedly instigated his staff to falsify company invoices purporting that Biofourmis Singapore had rendered services worth US$16,491,375 (S$20,941,600) to MOH.Charge sheets state that the invoices were for services relating to the Biovitals Sentinel Platform, which remotely monitors patients and provides clinicians with their vital signs, according to past reports.