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Nov 17, 2009
Bank staff jailed for cheating <!--10 min-->
<!-- headline one : start --> <!-- headline one : end --> <!-- Author --> <!-- show image if available --> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody><tr></tr> <tr> </tr> <tr> </tr> <tr><td colspan="2" class="padlrt8 georgia11 darkgrey bold">By Elena Chong </td></tr> </tbody></table> <!-- START OF : div id="storytext"-->
A FORMER bank employee who forged a customer's signature on a telegraphic transfer application form for the transfer of $20,000 was jailed for two weeks on Tuesday. Yeo Wee Guan, 33, was a personal wealth manager at The Hong Kong and Shanghai Banking Corporation (HSBC) when he cheated the bank on Dec 11 last year. He deceived the bank into believing that Chinese national Yu Shun Na had authorised $20,000 to be transferred from her HSBC account to a POSB account of his close friend, Mr Chong Chin Yek. The court heard that Yeo, hard pressed for cash to repay his gambling debts, forged Ms Yu's signature on the telegraphic transfer form at his Jurong branch office. Mr Chong did not know anything about the unauthorised fund transfer. Before the close of business that day, Yeo credited the amount into Ms Yu's account after telling her that the withdrawal had been a mistake. The bank sent a short message service to Ms Yu that $20,000 had been withdrawn from her account. She then contacted Yeo. Yeo could have been jailed for up to three years and/or fined.
Nov 17, 2009
Bank staff jailed for cheating <!--10 min-->
<!-- headline one : start --> <!-- headline one : end --> <!-- Author --> <!-- show image if available --> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody><tr></tr> <tr> </tr> <tr> </tr> <tr><td colspan="2" class="padlrt8 georgia11 darkgrey bold">By Elena Chong </td></tr> </tbody></table> <!-- START OF : div id="storytext"-->
A FORMER bank employee who forged a customer's signature on a telegraphic transfer application form for the transfer of $20,000 was jailed for two weeks on Tuesday. Yeo Wee Guan, 33, was a personal wealth manager at The Hong Kong and Shanghai Banking Corporation (HSBC) when he cheated the bank on Dec 11 last year. He deceived the bank into believing that Chinese national Yu Shun Na had authorised $20,000 to be transferred from her HSBC account to a POSB account of his close friend, Mr Chong Chin Yek. The court heard that Yeo, hard pressed for cash to repay his gambling debts, forged Ms Yu's signature on the telegraphic transfer form at his Jurong branch office. Mr Chong did not know anything about the unauthorised fund transfer. Before the close of business that day, Yeo credited the amount into Ms Yu's account after telling her that the withdrawal had been a mistake. The bank sent a short message service to Ms Yu that $20,000 had been withdrawn from her account. She then contacted Yeo. Yeo could have been jailed for up to three years and/or fined.
