The court heard that Yang had fooled the Accounting and Corporate Regulatory Authority (ACRA), Inland Revenue Authority of Singapore (IRAS), Central Provident Fund Board (CPF), Ministry of Manpower (MOM) and Immigration & Checkpoints Authority (ICA) on his way to obtaining permanent residency for himself and his wife and children.
He also managed to set up a sham company and falsify numerous receipts to generate the illusion of profitability.
The prosecution is seeking a 2 and a half to 3 year jail term for Yang, after he was convicted of 120 charges, of which 110 included falsifying receipts showing payments to the sham company.
He also faces 2 counts of criminal breach of trust involving S$1.1 million, and the prosecution is seeking a jail term of at least 10 years for that.
This, after he pocketed that million-dollar sum from the 89-year-old widow during his stay here.
She had given Yang control over her assets – worth millions of dollars – trusting him to use the money to look after her in her golden years.
Instead Yang nearly emptied her bank account in the years that followed – In early 2010, Mdm Chung had S$2.7 million in liquid assets, but by August 2014, shortly before his arrest, the widow’s bank account contained less than S$10,000.
She had no clue this was happening.
To date, the true whereabouts of the S$1.1 million remain unknown, while another S$1,128,004 remains frozen in his bank account.
Said Deputy Public Prosecutor Nicholas Tan:
“This is a foreign national who has spent almost his entire five years in Singapore either offending or preparing to offend. Instead of being productive, Yang was prolific in generating a compendium of false documentation.”