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guess parts of the 2million were recovered as he came clean, also from the sale and recovery of the porsche GT3 An M1 account manager was jailed six years in total for criminal breach of trust and money laundering. Matthew Yeo Kay Keng, 35, had siphoned $2 million in two years from the telco by selling stolen phones to third parties. RELATED STORIES * Telco sues over 'M1ssing M1llions' Between 2008 and 2010, Mr Yeo misappropriated 3,085 handsets. He created subscription contracts for mobile services supposedly for corporate customers. He then sold off the handsets at close to retail prices to resellers after pretending he would personally deliver the phones to customers. M1 discovered the offenses during an internal reorganisation. Mr Yeo is also said to have told M1 that he also spent the money on a Patek Philippe watch worth $50,000, three Rolex watches worth $8,000 each, and four Audemars Piguet watches worth between $15,000 and $30,000 each. He also bought Porsches and even invested $300,000 in a science-fiction movie project. http://news.asiaone.com/News/AsiaOne%2BNew...028-307465.html