DBS bank exec jailed for cheating, Latest Singapore News - The New Paper

DBS bank exec jailed for cheating

This article is more than 12 months old

A DBS Bank senior service executive kept credit cards that customers had wanted cancelled, then used them to pay for drinks and hostesses at nightclubs.

Stephen Choo Jianwei, 32, misappropriated them from six customers and chalked up $82,000 on them over a period of seven months.

He was jailed for three years and three months yesterday after pleading guilty to 30 of 110 charges, reported The Straits Times Online.

A district court heard that Choo was attached to a Great World City branch when he committed misappropriation and cheating offences between April and November 2013.

Customers would approach Choo to close their accounts, but at the end of the day, he would retrieve the cards he was supposed to shred.

He used them to pay for food, alcohol and hostesses' services. He also bought car care products, a GPS navigator and other items.

Choo could have been jailed for up to 15 years and fined for criminal breach of trust as a servant. For cheating, he could have been jailed for up to five years and/or fined.

COURT & CRIMEjailcheatingDBS