The 37-year-old Singaporean, who is no longer chief executive of Surrey Hills Holdings, was also charged on May 29 with criminal breach of trust involving more than SGD240,000, attempted cheating and forgery. She now faces 12 charges in total, according to The Straits Times.
Pang allegedly cheated a woman on eight occasions between 2018 and 2019 by pretending to be two people named “Desmond” and “Derrick.” She reportedly made the woman believe that a private investigator had seen her husband at a bank branch in Serangoon Garden asking about her account.
Pang allegedly claimed the money was at risk of being frozen and should be transferred to “Derrick” for “safekeeping.”
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Pang Gek Teng, founder of Surrey Hills Holdings. Photo via Facebook/surreyhillsgrocer.sg |
Between April 3, 2023, and Feb. 28, 2024, Pang allegedly committed criminal breach of trust involving more than SGD240,000 while serving as a key executive officer at Surrey Hills Holdings.
She is also accused of trying to cheat a second woman on two occasions between December 2023 and February 2024.
Pang allegedly attempted to deceive the woman into believing that real estate agency Orchard Turn Developments had placed three bulk orders of hampers with Surrey Hills Holdings worth more than SGD800,000.
She is also accused of committing forgery in January 2025 by altering an electronic invoice from a consulting firm and allegedly using it to cheat the woman. The woman transferred SGD20,000 to Pang.
Pang is also accused of cheating a third woman in March 2024 by communicating with her via WhatsApp while pretending to be the chief executive of Orchard Turn Developments, according to Channel News Asia.
Her case is scheduled to be mentioned again in court on July 10. For each cheating charge, an offender can be jailed for up to 10 years and fined.
Surrey Hills Holdings terminated Pang’s employment in March last year, after discovering “alleged financial misconduct.” The company also launched legal proceedings against her.
Pang began her career at an events company before enrolling at PSB Academy in Singapore, where she obtained a degree in management and marketing.
After working at a bank in Singapore, she moved into business, but her ventures, including a home-delivery service in Australia, failed to take off.
In 2021, she returned to Singapore and launched Surrey Hills Grocer with a SGD400,000 investment from a family friend. The business opened its first outlet in Joo Koon in December that year.
In an interview with CNBC, Pang said her business brought in about $8 million in sales in 2023. “I may not be the smartest or I may not even have the money — [but] because I was willing to do it, I found the ways and means to make it happen.”
Source:e.vnexpress.net
