Property agent Bentley Ang was jailed for three weeks after pocketing S$2,900 of his client’s money and committing forgery to cover up the crime, the local media reports.
A former agent of Knight Frank Property Network, Ang pleaded guilty to forging his client’s handwriting and committing criminal breach of trust.
The 37-year old agent was engaged by Nicholas Loh Kah Teck who wanted to rent an apartment at the Coastarina condominium in East Coast Road. Loh paid S$2,900 as a booking deposit, which was reflected in the letter of intent between the landlord and Loh. However, the landlord raised the rent prior to the signing of the lease agreement.
Consequently, Loh backed out, while Ang refunded the full amount of S$2,900 on 25 May. Instead of handing the money back to his client, Ang used it to pay his gambling debts and loans.
On 4 June, he handed the landlord a copy of the letter of intent and a forged receipt of the S$2,900 from Loh.
Ang handed Loh a cheque on 3 August, which eventually bounced due to lack of funds. Loh reported the incident to the police a week thereafter and Ang was later on charged with three weeks of imprisonment.
Source – PropertyGuru – 26 Jun 2013