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Jason Holdings' founder and ex-CEO Jason Sim charged with cheating

He is accused of cheating several banks of over S$5 million between 2011 and 2015

Angela Tan

Angela Tan

Published Thu, Jul 26, 2018 · 09:50 PM

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Singapore

FORMER chief executive officer and executive director of Jason Holdings, Jason Sim Chon Ang, has been charged in the State Courts for allegedly cheating banks of over S$5 million over four years.

Sim, 52, who founded the wood floor specialist, faces 16 cheating charges, punishable under Section 420 of the Penal Code and two charges for offences under the Companies Act.

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