Wong Koon Lup and Kenneth Low Face 29 Charges Linked to Jeffrey Ong Escrow Case

Two former company executives were charged in Singapore on September 23, 2026, over alleged conspiracies involving funds held in escrow by JLC Advisors, the former law firm of Jeffrey Ong. Wong Koon Lup, formerly chief executive and chairman of CW Group Holdings, faces 24 charges; Kenneth Low Si Ren, formerly an executive director of Allied Technologies, faces five. Both pleaded not guilty and were released on bail. 23

Charges against Wong Koon Lup

Wong’s 24 charges include alleged criminal breach of trust as an attorney and cheating. Singapore police said 13 of the charges concern an alleged conspiracy with Ong to commit criminal breach of trust. Reporting on the case says Wong is accused of conspiring to misappropriate more than S$24 million held in CW Group’s escrow account between 2015 and 2018. 134

The allegations also extend to how the missing funds were allegedly concealed. Wong is accused of involvement in false confirmations concerning escrow balances supplied to auditors and of instigating employees to falsify CW Group’s financial statements for 2015 and 2016. Earlier charges against Ong described approximately S$17.5 million being removed from CW Group escrow funds in 2015 and 2016, sometimes allegedly in conspiracy with Wong. That earlier figure should not simply be added to the amount reported in Wong’s new case: the allegations cover related funds and periods. 5912

Charges against Kenneth Low Si Ren

Low faces four counts of alleged criminal breach of trust as an attorney and one count of forgery, connected to Allied Technologies’ escrow funds. Allied Technologies had previously reported that more than S$33 million held in escrow by JLC Advisors was missing, but the available reporting does not establish that this is the precise amount covered by Low’s five charges. 127

The forgery charge against Low should not be confused with an earlier allegation against Ong. In Ong’s case, prosecutors alleged that Ong forged a JLC Advisors partner’s signature on a cheque. The available account of Low’s new charge does not establish whose signature it concerns. 11113

How the charges relate to Jeffrey Ong’s conviction

Ong was sentenced to 19 years in prison in 2023 for cheating and misappropriation involving money he could access as an attorney. Reporting on his broader offences puts the funds misappropriated or obtained through cheating at almost S$76 million. That figure describes Ong’s wider case—not the amount charged against Wong and Low—and his conviction does not establish either executive’s guilt. 5

What happens next?

Wong and Low’s pre-trial conferences were scheduled for October 27. Wong was granted bail of S$280,000 and Low bail of S$300,000. If convicted of criminal breach of trust as an attorney, they could face life imprisonment, or up to 20 years’ imprisonment and a fine; the available reporting does not establish the precise potential penalty for each of their other charges. The allegations against both men remain to be tested in court. 1213