Jail for ex-bank loan officer who helped others receive loans after submitting forged documents

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SINGAPORE - While working as a contract bank loan officer at OCBC Bank, he helped two customers receive loans after submitting forged documents for them.

Nicholas Lau Wei Chong's offences caused OCBC to suffer losses totalling more than $36,000 after the pair failed to make any repayments.The trio's names have been redacted from court documents, and instead, identified as A1, A2 and A3.

The court heard that a woman identified as A1 got to know one"Jayden Sim" through a group on messaging platform Telegram. The DPP said:"The accused received from an unknown individual a forged payslip for January 2020 pertaining to A1 purportedly issued by Antaes Asia. Using a similar method, Lau later helped A2 obtain a loan. The bank suffered a loss of more than $19,000 after A2 failed to make any repayments.Court documents do not disclose the outcome of Sim's cases.

 

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Former OCBC bank officer jailed for certifying, submitting forged documents in customers' credit card, loan applicationsSINGAPORE: A former OCBC bank loan officer was sentenced to eight months\u0027 jail on Tuesday (Apr 26) for certifying forged income documents, which he submitted along with customers’ applications for credit cards and loans. Lau Wei Chong Nicholas, 26, faced three counts of using as genuine f
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »