Singapore watch thief confesses to million-pound steal

First published: 04-09-2009

A past employee of a Singapore luxury watch shop has admitted to a staggering amount of thievery in front of a court following his surrendering to authorities several months ago.

Jerry Ee, a 36-year-old expert in the watch trade, admitted to stealing over 360 timepieces and other items to the tune of 7.7 million Singaporean dollars (£3 million) before escaping to elsewhere in south-east Asia, the Straits Times revealed.

However, his scarpering alerted Interpol, who put enough pressure on Ee to hand himself in while he was passing through Thailand in March.

The thief took the goods from his shop's safe in Raffles City on Christmas Day, hoping the stocking fillers would see him straight for the rest of his life.

Most of the watches - around 230 in all - were recovered shortly after his capture, with the convict-to-be facing a 15-year jail term.

Last month, 10,000 counterfeit watches worth 15 million baht (£271,000) were taken by Thailand's Department of Special Investigation, highlighting how lucrative the trade in fake watches can be, the Bangkok Post reported.

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