Former OCBC bank officer jailed for certifying, submitting forged documents in clients’ credit card, loan applications

SINGAPORE: A former OCBC bank loan officer was sentenced to eight months’ jail on Tuesday (Apr 26) for certifying forged revenue documents, which he submitted together with clients’ applications for credit playing cards and loans. 

Lau Wei Chong Nicholas, 26, confronted three counts of utilizing as real forged revenue documents, with one other rely of the identical offence considered throughout sentencing.

Police mentioned in a information launch that they acquired info in April 2020 that forged payslips and Central Provident Fund (CPF) employment contribution statements had been submitted to OCBC as proof of revenue to help 4 separate applications for credit playing cards and loans. 

Investigations confirmed the candidates had initially responded to loan ads that they got here throughout on on-line platforms, which supplied help in acquiring a loan or credit card from a bank inside a short while and for a service charge. 

They had been subsequently contacted by unidentified third events who directed them to use for the credit playing cards or loans at sure OCBC branches in particular person. 

The candidates went to OCBC branches on 4 separate events with out bringing alongside any proof of revenue documents, they usually had been attended to by Lau.

“Applicants would normally submit originals of their payslips and/or retrieve their latest CPF employment contribution statement in the presence of the loan officer,” mentioned police.

“However, Nicholas didn’t ask the 4 candidates to point out him the revenue documents in the abovementioned method.

“Instead, he received their documents via email or WhatsApp and he later certified them to be genuine even though he had reason to believe they were not.” 

Two such applications had been authorized, and OCBC incurred losses of almost S$36,500.

Anyone discovered responsible of utilizing as real a forged doc might be jailed for as much as 4 years, fined, or each.

“Financial institutions in Singapore require credit card and loan applicants to submit proof of income. Members of the public are advised not to respond to third-party advertisements that offer to secure credit facilities from financial institutions, without requiring any proof of income,” mentioned police.

“The police take a serious view against any person who may be involved in using or assisting to use forged documents to apply for credit cards and bank loans.”

Former OCBC bank officer jailed for certifying, submitting forged documents in customers' credit card, loan applications

Ian Cheng

Source : channelnewsasia.com

Related Posts

(sin censura) Viral Neringa kriziute Videos de Twitter

– (sin censura) Viral Neringa kriziute Videos en Twitter,Hola amigos, todos de vuelta con un administrador que nunca se cansa de brindar información interesante para todos ustedes…

Link Video Leaked Aksu Student Video And Houston Rapper Esg High On Drugs Twitter

– Link Video Leaked Aksu Student Video And Houston Rapper Esg High On Drugs Twitter, Hello mates, all again once more with an admin who by no means…

Video Viral Shilpi Raj Video Viral MMS 2022 | Bhojpuri Singer Shilpi Raj

– Video Viral Shilpi Raj Video Viral MMS 2022 | Bhojpuri Singer Shilpi Raj, Halo sobat semua kembali lagi dengan admin yang tidak pernah bosan memberikan informasi…

VIDEO: NAMHLA MTWA VIDEO Went Viral, Who Beat Her, Suspect Name Pics & CCTV Footage Leaked!

As everyone knows social media is a hub of many movies. The world of the web could be very massive and we are able to simply discover…

WATCH: LORDAHI VIDEO Viral On Twitter, YouTube & Reddit Link, OnlyFans Model Full Scandal Leaked!

Good night everybody the movies of one other solely fan of superstar and influencer are presently trending on the web. Lordahi, has been posting some actually horny…

SCANDAL: Roblox Halloween r34 Leaked Video & Pics Viral On Twitter, Instagram, YouTube & Reddit, YO NANAY Scandal Link!

There is not any day that passes with out getting one thing into the trending or viral part.it is vitally simple for an Nsfw platform or handles…