Breaking| David Yong from Netflix series Super Rich In Korea handed 4th charge, offered $1m bail

[qcubesg]

No update le recently??? His lawyer so kilat

 

[theMKR]

ACRA has done their due diligence and stopped people from registering restricted names similar to Temasek, Government, Ministry, etc. To have the word Evergreen in front. I think got many many companies like this.

but can register with "singapore" right? ....

 

[Spike]

Why did he even cook the profits? He is the biggest shareholder and would not benefit anyway?

To take business loans from banks or pitch to investors..

 

[Jerroldscv]

Any updates to my idol?
Top 5% super rich david

 

[mynickname]

https://www.channelnewsasia.com/sin...-korea-granted-permission-go-overseas-5339891

SINGAPORE: The State Courts on Tuesday (Sep 9) approved businessman David Yong's application to travel to Japan and China for business later this month. He is facing various fraud-related charges.

The 38-year-old Singaporean, whose full name is Yong Khung Lin, asked for permission to travel to Tokyo, Hakone and Yokohoma, from Sep 12 to Sep 22, then to Shanghai from Sep 22 to Sep 25 before returning to Singapore.
Yong, who was out on bail of S$1 million (US$780 million), was granted approval with an additional bail sum of S$500,000, among other conditions, bringing his total bail amount to S$1.5 million.
Yong is the chief executive officer of multinational business and holding company Evergreen Group Holdings, and has appeared on the Netflix show Super Rich in South Korea, which showcases the lifestyles of extremely affluent people who set up base in Korea.
He was charged on Aug 3, last year. Four charges relate to the falsification of accounts, including abetting others to falsify papers belonging to Evergreen GH with intent to defraud.
He was given a fifth charge under the Securities and Futures Act on Jun 3, 2025.
The case is scheduled for a pre-trial conference on Oct 17.