EX-EMPLOYEE GOES FOR THE GOLD! DECEIT AND DECADENCE IN A $5.7 MILLION PAYROLL HEIST!
SHOCKING SCANDAL: WeChain Fintech Employee STEALS Millions!
In a jaw-dropping turn of events that sounds like a twisted crime thriller, Ho Kai Xin, a former employee at WeChain Fintech Singapore, has been sentenced to an INSANE nine years and 11 months behind bars for pulling off a jaw-dropping heist of over $5.7 million! That’s right, folks! She’s now a poster child for greed and treachery!
The Payroll Plot! Bybit Shocker!
The drama unfolds as Ho, who was in charge of payroll for Bybit Fintech (yes, the very same company!), hatched a wicked scheme straight out of a Hollywood movie. From May 2022, she began her reign of financial terror, manipulating innocent Microsoft Excel files and bending the rules of decency to funnel company cash into her own pockets!
It all kicked off with a measly $117,000, but that was just the opening act. Fueled by this minor success and glaring lack of scrutiny, Ho escalated her deceitful game, ransacking Bybit’s crypto wallet for a whopping 4.2 million USDT—yes, you read that right—over a few short months!
Cash and Class: Living the High Life!
While the authorities were hot on her trail, Ho continued her lavish lifestyle like a true queen of excess. We’re talking about a penthouse that would make anyone’s jaw drop—a nearly $750,000 down payment on a swanky $3.7 million property on Gilstead Road!
But that’s not all—she dropped a staggering $30,000 in Louis Vuitton treats and even splashed out on a glitzy Mercedes-Benz worth $420,000! Police managed to claw back a measly $330,000 worth of her spoils, but let’s face it, a mountain of stolen loot is STILL unaccounted for!
Caught Red-Handed: The Final Fall!
Despite the mounting evidence and an investigation probing her glaring misdeeds, Ho tried to dance her way out when faced with the music, throwing a completely fictitious cousin named “Jason Teo” under the bus. Spoiler alert: he doesn’t exist!
Now, Ho has been pinned with multiple charges like cheating and lying to authorities. And guess what? On top of her colossal prison sentence, she’s racked up an additional six weeks for CONTEMPT OF COURT after brazenly disregarding orders and continuing to splurge her illicit gains! Talk about audacity!
The Recovery Race: Bybit Fights Back!
Bybit, though bruised and battered from the ordeal, has managed to claw back a tiny fraction of their losses—around 1.1 million USDT and a meager $140,000 from her bank stash. But will Ho ever find the decency to return the rest? The clock is ticking, and the missing millions remain a haunting mystery!
This saga of crime, betrayal, and luxurious indulgence is a wild ride that’s not over yet! Stay tuned as this story unfolds, because in the world of crime, the truth is often stranger than fiction!
