Singaporean businessman David Yong, featured in Netflix series Super Rich in Korea, charged with falsification of accounts
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SINGAPORE - Singaporean businessman David Yong has been charged with falsification of accounts in relation to a promissory note arrangement involving Evergreen Group Holdings. The 37-year-old chief executive of Evergreen Group Holdings, whose full name is YSingaporean businessman David Yong, featured in Netflix series Super Rich in Korea, charged with falsification of accounts
SINGAPORE - Singaporean businessman David Yong has been charged with falsification of accounts in relation to a promissory note arrangement involving Evergreen Group Holdings. The 37-year-old chief executive of Evergreen Group Holdings, whose full name is Yong Khung Lin, was arrested on Thursday (Aug 1) and charged on Aug 3. He is accused of having the intention to defraud by abetting Jolene Low Mong Han to falsify papers belonging to Evergreen GH, formerly known as Evergreen Assets Management. Evergreen GH is one of the entities under Evergreen Group Holdings. A court document states that on or about Dec 16, 2021, Yong allegedly instigated Low to falsify a tax invoice dated Sept 1, 2021, from Evergreen Assets Management for purported bulk sales of household fittings and appliances to a person named Roy Teo. If convicted, Yong could be fined, or jailed for up to 10 years, or both, under Section 477A of the Penal Code. Read more