Man allegedly misappropriated nearly $2.5m while acting as liquidatorTee Wee Li, 48, a former director of companies like Learning Space and Acres Capital, was charged with eight counts of criminal breach of trust on October 3rd. He allegedly misappropriated nearly $2.5 million between 2020 and 2022 while acting as liquidator for companies including Rife Engineering, United Legal Alliance, Newstead Technologies, Plantation Management Partners, and Brightoil 639 Oil Tanker. One charge involves $705,000 related to Rife Engineering, where he served as liquidator from June to August 2022. Each charge involves misappropriation of approximately $128,000 to $705,000. His case has been adjourned to November 13th.