Asset Tracing of Payroll Manager – A must read case study for everybody


The client, a SGX Mainboard listed company sought proper closure against its ex-Payroll manager who had been charged and convicted of misappropriating more than $1 million from the company using fictitious employee bank accounts after only being employed for about a year. The accused was sentenced to 7 years’ jail.

Actions were taken by the client to take appropriate actions against the accused, which included a civil suit and restitution. RHTFDA was engaged to carry out a research into the background and asset tracing of the accused, to aid the proper closure of the matter.