Reputable banks employs CROOK? how come?

[makapaaa]

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Coffeeshop Chit Chat - Reputable banks employs CROOK? how come?</TD><TD id=msgunetc noWrap align=right> </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>papadom1 <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>9:19 pm </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 1) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>30970.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Todays straits times reported of a Lawrence Chia who changed his name to Johnathan Seah thiam something and after committing fraud and was dismissed by Smith barney in the US even managed to work in Citibank S"pore ...and was on the point of even joining UBS! when he was apprehended to serve term in the US.....
DO these banks like Citi and UBS even bother to do stringent checks befor eemploying people?????? all these banks and their HR are really quite useless aren't they!

<HR SIZE=1>Edited 4/2/2010 12:21 am ET by papadom1</TD></TR><TR><TD> </TD></TR></TBODY></TABLE><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD class=msgleft width="1%"> </TD><TD class=msgopt width="24%" noWrap> Options</TD><TD class=msgrde width="50%" noWrap align=middle> Reply</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>

 

[makapaaa]

What else can one expect when the most wicked and leegally corrupt Familee is in power?

 

[Mdm Tang]

Dear Bros n Sis ,


Are there online when make payment $ we can

check on a person with fraud / criminal record ?

and or have served time in singapore ?


thks

 

[Mdm Tang]

hmm.... how to check ahh,,, ? :p

 

[Mdm Tang]

my friends who work at banking line said that

very half year or end year each bank staff

will be made to sign a declaration form that

they are not past criminals or have pending

cases against them etc ...

 

[Yip Hon]

http://www.asiaone.com/print/News/AsiaOne+News/Crime/Story/A1Story20080124-46442.html



Ex-Citi staff charged with unauthorised access to info

They are accused of taking clients' information before leaving to join rival UBS. -ST
Selina Lum

Thu, Jan 24, 2008
The Straits Times

SEVEN former employees of Citibank were hauled to court yesterday and charged with taking their clients information before leaving to join rival UBS.

The bulk of the 1,223 charges laid against the bankers are under the Computer Misuse Act (CMA) for unauthorised access to data held in Citibank's computer servers.

The seven, who handle accounts of wealthy clients, are said to have acted in three separate groups.

Prosecutors allege that after accessing the bank's computers without authority, some sent the data, in the form of spreadsheets, to their personal e-mail addresses.

Others are accused of printing out the information.

The charges date to between February and July 2006.

The accused include relationship managers Low Siok Liang, 33; Wendy Quek Lien Lien, 30; Jelene Lee Kit Peng, 34; Esther Lim Siew May, 31; and Lydia Koh Meng Yang, 28.

Also in the dock were bank manager Jonathan Seah Thiam Heng, 44, and service relationship manager Valarie Lim Ming Huey, 29, who is Low's assistant.

Low faces the most charges - 262 counts under the CMA, one count under the Penal Code for destroying evidence, and one count under the Banking Act for disclosing customer information.

Valarie Lim faces 260 charges under the CMA and one charge of destroying evidence.

Seah faces 80 charges under the CMA, Lee 239, and Esther Lim and Koh 188 each. Quek faces three charges, including one under the Banking Act.

This is believed to be the first time that such offences involving a bank have come before the courts.


Left: Jonathan Seah Thiam Heng, 44
Faces 80 charges under the CMA. He was the bank manager in charge of the accused relationship managers.
It is also understood to be the first prosecution under the Banking Act for disclosing customer information.

Yesterday's court appearance for the seven, who are represented by different lawyers, followed investigations by the Commercial Affairs Department that lasted more than a year, the court heard.

Separately, Citibank took civil action against all except Quek.

The lawsuit was settled out of court for an undisclosed sum. During arguments over bail, some of their lawyers said the settlement had hurt their clients financially.

Some lawyers also noted that the number of charges seemed great, but many are linked to a single e-mail that contained a raft of personal data.

District Judge John Ng granted the seven bail of between $10,000 and $40,000 each.

The case is fixed for a pre-trial conference on Feb 25.

The maximum punishment for unauthorised access under the CMA is a $100,000 fine and 20 years in jail.


--------------------------------------------------------------------------------

Above: Wendy Quek Lien Lien, 30
Faces three charges, including one under the Banking Act. Esther Lim Siew May, 31
Faces 188 charges under the CMA. Valarie Lim Ming Huey, 29
Faces 260 charges under the Computer Misuse Act (CMA) and one charge of destroying evidence.

Low Siok Liang, 33
Faces 262 counts under the CMA, one count under the Penal Code for destroying evidence, and one count under the Banking Act for disclosing customer information
Jelene Lee Kit Peng, 34
Faces 239 charges under the CMA
Lydia Koh Meng Yang, 28
Faces 188 charges under the CMA

 

[Yip Hon]

http://www.straitstimes.com/Breaking+News/Singapore/Story/STIStory_388556.html?vgnmr=1



Ex-banker fined $160,000
By Esther Tan

Jonathan Seah Thiam Heng (left), 47, is the sixth Citibank employee to be convicted of pilfering bank information. --ST PHOTO: SHAHRIYA YAHAYA

A FORMER Citibank branch manager was fined $160,000 after he was found guilty on Wednesday of 20 charges of extracting confidential information from the bank's computer database and abetting his subordinates to do the same in 2006.
Another 60 similar charges were taken into consideration during his sentencing.

Jonathan Seah Thiam Heng, 47, is the sixth Citibank employee to be convicted of pilfering bank information. His three subordinates, Esther Lim Siew May, 32, Koh Meng Yang, 29, and Jelene Lee Kit Peng, 35, who were also involved, were fined between $70,000 and $160,000.

Another two Citibank employees already dealt with are former vice-president Carel Low Siok Liang, 34, who was fined $173,000 on 22 charges in January, and her personal assistant Valarie Lim Ming Huey, 31, who was fined $40,000 earlier this month on six charges.

The court heard that even before Seah had accepted a position in rival bank UBS in May 2006, he was already forwarding files containing confidential customer information and bank details to his personal email account and to his subordinates.

Seah, who was then a banking manager of the Orchard Road branch of Citigold, knew that he was not authorised to send the information to his own email account as it was not for genuine work purposes.

His subordinates then accepted job offers also with UBS between May and June 2006 to join Seah as client advisors on his team there.

But in July 2006, after their ruse came to light, Citibank terminated Jelene's employment and converted the resignations of Esther and Koh to a termination of their services.

The trio and Seah were required by UBS to go on leave after Citibank took legal action against them.

In a written mitigation submitted to the court, Seah's lawyer Lee Teck Leng asked for a fine to be imposed on his client. He said Seah did not realise it was an offence to take the information and little damage was done to Citibank as the information obtained was not used.

 

[Yip Hon]

http://www.cad.gov.sg/topNav/new/arc/60+Week+Jail+For+Ex+Citi+Exec+Who+Cant+Pay+Fine.htm



http://www.cad.gov.sg/NR/rdonlyres/...k_jail_for_ex_citi_exec_who_cant_pay_fine.pdf



The Straits Times (11 June 2009), 60-Week Jail For Ex-Citi Exec Who Can't Pay Fine

A FORMER Citibank branch manager is serving a 60-week jail term, after being found guilty of 20 charges of extracting confidential information from the bank's computer database and abetting his subordinates to do the same.