Singapore cast member of Super Rich In Korea charged over fake accounts

Singaporean businessman David Yong has been charged with falsification of accounts in relation to a promissory note arrangement involving Evergreen Group Holdings.

- Joyce Lim

Singaporean businessman David Yong has been charged with falsification of accounts in relation to a promissory note arrangement involving Evergreen Group Holdings.

The 37-year-old chief executive of Evergreen Group Holdings, whose full name is Yong Khung Lin, was arrested on Aug 1 and charged on Aug 3.

He is accused of having the intention to defraud by abetting Jolene Low Mong Han to falsify papers belonging to Evergreen GH, formerly known as Evergreen Assets Management.

Evergreen GH is one of the entities under Evergreen Group Holdings.

A court document states that on or about Dec 16, 2021, Yong allegedly instigated Low to falsify a tax invoice dated Sept 1, 2021, from Evergreen Assets Management for purported bulk sales of household fittings and appliances to a person named Roy Teo.

If convicted, Yong could be fined, or jailed for up to 10 years, or both, under Section 477A of the Penal Code.

The Accounting and Corporate Regulatory Authority (Acra) record on Aug 3 showed Yong as the sole shareholder of Evergreen GH, which was incorporated in 2018. He ceased to be a director of the firm in December 2023.