Former Singapore Airlines employee and white-collar convict
In this Chinese name, the family name is Teo.
Teo Cheng Kiat
Born
1953 (age 70–71)
Singapore
Occupations
Clerk at the SIA (former; 1975–1988)
Cabin crew supervisor at the SIA (former; 1988–2000)
Criminal status
Released since 2024
Criminal charge
26 charges of criminal breach of trust (ten convicted)
Penalty
A total of 24 years' imprisonment, consisting of four consecutive jail terms of six years
Teo Cheng Kiat (张振杰 Zhāng Zhènjíe; born 1953) is a Singaporean who was known for embezzling $35 million from Singapore Airlines (SIA) while he was still employed there, and the embezzlement lasted for 13 years between 1987 and 2000 before the detection of his criminal deeds and subsequent capture. Teo was charged with 26 charges of criminal breach of trust and corruption but was found guilty of ten charges; he was sentenced to a total of 24 years' imprisonment in the same year he was arrested.
Teo's crime was considered to be the largest financial crime committed in Singapore at the time his arrest and trial was reported. Teo had additionally used his criminal proceeds to spend on himself, building up an expensive lifestyle. His wife, who was an accomplice of his crimes, was convicted and served 18 months in prison. The notoriety of Teo's crime was surpassed by Chia Teck Leng four years later, when Chia was ordered to serve 42 years behind bars for swindling $117 million from four foreign banks to feed his gambling addiction and discharge his debts.
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