Monday, January 15, 2007

English School Robbed of Jewelry, $99,000 Cash

Monday, January 15, 2007

By Saing Soenthrith
The Cambodia Daily


Three armed men entered Phnom Penh's English Language Training Institute and robbed the director and her husband of $99,000 at gunpoint Saturday evening, officials said Sunday. As well as taking cash from director Chea Neang Eng, 52, and her husband, Chea Yi, 56, the men also robbed the director of jewelry worth $213,000, said Lon Chhon, police chief of Daun Penh district's Phsar Thmei III commune. "This is a case of robbery with a master plan to rob the ELT director," said district police chief Phon Pheng. The three men escaped the scene shortly after 9 pm in a sports utility vehicle owned by their victims, he said. According to a district police report, police suspect a former member of staff at the language school, his elder brother and a third unidentified man. Cheang Kim Seng, a computer teacher at the school who answered Chea Neang Eng’s phone Sunday, said the director did not want to comment. The suspects appear to be friends of a recently fired member of staff, though the former staffer himself was not among them, Cheang Kim Seng said. The men are believed to have scoped out the school for three days prior to the robbery, he added.

3 comments:

Anonymous said...

WOW! all that money and jewerly!! must be good business teaching in Cambodia. either that your exploiting children.

Anonymous said...

Teaching "English" is big, "legitamate" business. Many well to do Cambodians send their kids to "English School".

What surprises me was the lack of trust for the financial institution in Cambodia. I would NEVER, EVER, store $99,000 in cash anywhere else, but a bank. If you don't trust local banks, put it somewhere in a foreign Bank. The Swiss Bank is quite safe. As for jewllery, do the same. Banks also store jewlery.

This guy is the "director" of a "learning institution". Apparently, he didn't learn how to manage money.

Anonymous said...

Or it could simply be an insurance
scam. These rich folks always
insured their jewleries. They
may not being robbed anywhere
as being claimed, but the insurance
company can't verify that. So they
must pay the claim.