Jail for man who accessed bedridden friend's CPF money, transferring $54k to his own bank account
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SINGAPORE — While visiting his bedridden friend who was in hospital and unable to speak, a man used her mobile phone to unlawfully access her Central Provident Fund (CPF) account and transferred $54,000 to her bank account.Yu Mingyan then transferred the 62Jail for man who accessed bedridden friend's CPF money, transferring $54k to his own bank account
SINGAPORE — While visiting his bedridden friend who was in hospital and unable to speak, a man used her mobile phone to unlawfully access her Central Provident Fund (CPF) account and transferred $54,000 to her bank account.Yu Mingyan then transferred the 62-year-old woman's money to his own bank account.Yu, 34, who committed the offences after correctly guessing her passwords, was sentenced to 18 months and two weeks' jail, and a fine of $30,000 on Sept 8.He will spend an additional month behind bars if he fails to pay the fine.The Singaporean pleaded guilty to two counts of misusing a computer system.Yu also admitted to two other unrelated charges — one count each of helping to carry on the business of an unlicensed moneylender and misappropriating $197 from his then workplace.When caught, he told police investigators that he had misappropriated the money «out of habit».On Sept 8, Deputy Public Prosecutor Jeremy Bin told the court that the authorities had looked into Yu's financial records and found out that he has no means to make any restitution. Read more