UOB staff who conned illiterate man of greater than

Yap Bin Chun pleaded guilty tofour using cheat programs charges and one count of forgery. (video / photo: Getty snapshots)SINGAPORE A former banker with United overseas Bank (UOB) Who took benefit for an elderly and illiterate client, Siphoning off on average $200,000 of the latter's savings for at least a year, could possibly be jailed.

Yap trash can Chun, 38, Also cheated his Hong Kong girlfriend Betty Pui Tai, to become pay back his former employers. UOB had rewarded $223,522.61 to the casualty, <a href=https://charmdatescamreviews.wordpress.com/tag/hot-russian-women/>russian woman</a> 68 years old Ng Hock Seng, As settlement for the losses suffered by Yap

Pui, 38, Had lent Yap a huge number of dollars, believing that he wanted to marry her. But unbeknownst to her, Yap is married with three babies. They later split up, But he nonetheless owes her $468,000 in whole.

Another four cheating charges were taken into consideration. He will begin serving the sentence on 26 April.

prey can't read, Write or recognize EnglishNg ran a mini mart in Hougang until September 2011, And then worked in several plantations in Malaysia thereafter, going back to Singapore for a day once every few weeks. He stopped schooling after Primary 5 and should not read, Write or have an understanding English

Yap done the trick for UOB for five years from May 2009 to May 2013, First as a senior personal banker and later as a romanntic relationship manager.

using 2010, Ng walked into a UOB branch to pay his savings, And Yap implied that he do so in a unit trust. Ng signed reports, Trusting and dependent upon Yap to fill up the forms.

Around september 2011, Ng told Yap about his plans to shift to Malaysia, And said he wanted to invest his savings of $150,000, Which he planned to use to buy a house in Singapore in future.

Yap, Who was in financial difficulties, Hatched a plan to misappropriate the cash for himself.

The wayward banker got Ng to pre sign blank forms, Including for a debit card to be linked to Ng's account, as well as the card to be posted to Yap's address. onal, relying on Yap, Also signed blank forms for redeeming his buy.

As because of Yap's deceit, the present account opened in Ng's name was registered with Yap's address. All bank promises for Ng's account were mailed to Yap's home. All he had to do was fill up and submit among the list of blank forms Ng had earlier signed.

a total of $223,620.82 was deposited into existing account from its opening on 5 September 2011 to its closing on 22 June 2012.

Between 3 august 2011 and 20 March 2012, Yap misappropriated $218,100 from the actual account using the debit card. which he withdrew $97,350 in cash and made ATM fund transfers totalling $120,750 to his custom UOB current account.

He blew the cash on varied expenses, Including on friends. He even got a new condo for $1.35 million along with brother, With Yap holding 99 per cent share of the property or home.

Yap closed Ng's recently available account using another pre signed form on 22 June 2012.

On 16 may very well 2013, Shortly before he left his occupations at UOB, Yap also changed Ng's mailing address in the bank's notes back to Ng's actual mailing address.

Cheated former -girlfriend of $20,000Yap's crimes came to light on 24 february 2016, When Ng went to UOB to evaluate the status of his investment. created a police report five days later.

UOB conducted internal investigations and uncovered Yap's fraud. It then paid Ng a settlement.

Around the same time frame, Yap also paid UOB back only one amount. He got what from Betty Pui Tai, A Hong Konger he met on an international dating app. right then and there, Yap was getting work done in the territory for Standard Chartered Bank. They were in a spousal relationship from October 2015 to June 2017.

Yap lied to Pui that he was single. During their romantic relationship, He informed her about his case and borrowed large sums of money from her. He quite owes her $468,000.

He also totaly ripped off her of $20,000 keep away from 2016, By deceiving that he needed the money to bail himself out. assuming him, She transferred him the equivalent sum in Hong Kong dollars.