Wednesday, December 26, 2007

Ex-Condo Managing Agent Believed To Have Made Off With $200,000

Source : Channel NewsAsia, 26 December 2007

Police are looking for a former condominium managing agent, who is believed to be on the run with over S$200,000 worth in sinking funds from four condominiums.

It was understood that the woman is in her early 30s, but police have declined to confirm her name.

Condo residents, however, said the woman's name is Amutha Perumal and she is likely to have fled Singapore for over a year now.

She was alleged to have got away by forging cheques and falsifying financial accounts between 2003 and 2007.

Earlier this month, residents of one of the four condos, Adis Villa near Selegie Road, received a police report.

The report dated 9 April 2007 said the agent will be charged with 205 counts of forgery, upon her arrest.

The report was addressed to the chairman of the management council, but it was also sent to residents ahead of their final annual general meeting (AGM) on December 29.

Besides the police report, Adis Villa residents also received an AGM agenda asking that they consider, among other things, that the amount misappropriated be written off.

Apart from Adis Villa, she also managed Sophia Apartments, Mount Sophia Apartments and Pelikat Mansions in Hougang. - 938LIVE

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