Jail for former Koufu manager who pocketed S$48,000, used money to buy gifts for livestreamers

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SINGAPORE — While working as a food-court manager for the Koufu chain, Joel Ang Jun Xian exploited a government scheme meant to help low-income families defray their cost of living during the Covid-19 pandemic. After he managed to misappropriate S$48,000 from his employer, Ang spent the money on buying g

Koufu, which operates more than 30 food-court outlets islandwide, began accepting CDC vouchers as payment for food and beverages at these eateries. When patrons redeemed their vouchers, the food stalls would record them as “cash purchases” and collect the vouchers from the patrons.

On the receipt, he had to give a breakdown of the various payment methods used — cash, CDC vouchers, Nets, debit cards or credit cards. In May last year, Ang realised that the manager had not been asking for the vouchers, and that the manager did not seem to notice if there were discrepancies between the actual daily cash sale amounts and the proceeds Ang had put into the chain’s bank account.Overstate the number of CDC vouchers used as payment.

In mitigation, Ang — who did not have a lawyer — said that he had surrendered himself at the police station and asked for a lower sentence as he was the sole breadwinner of his family.

 

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Koufu food court manager jailed for exploiting CDC voucher scheme to pocket S$39,000SINGAPORE: Realising that his superior was not carefully tallying vouchers distributed by the Government to support heartland shops and hawkers against daily takings, a Koufu food court manager exploited the Community Development Council (CDC) voucher scheme to gain about S$39,000 for himself. On top of th Like that also can. 👏
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Koufu food court manager jailed for exploiting CDC voucher scheme to pocket S$39,000SINGAPORE: Realising that his superior was not carefully tallying vouchers distributed by the Government to support heartland shops and hawkers against daily takings, a Koufu food court manager exploited the Community Development Council (CDC) voucher scheme to gain about S$39,000 for himself. On top of th Like that also can. 👏
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »