Hawker worked with woman he met at MLM seminar to cheat banks of $1.2m
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SINGAPORE — By using false statements, a man worked with a female accomplice to dupe two banks into disbursing loans totalling $1,218,000 starting in 2014. According to court documents, Standard Chartered Bank (SCB) (Singapore) was cheated of $178,000, whHawker worked with woman he met at MLM seminar to cheat banks of $1.2m
SINGAPORE — By using false statements, a man worked with a female accomplice to dupe two banks into disbursing loans totalling $1,218,000 starting in 2014. According to court documents, Standard Chartered Bank (SCB) (Singapore) was cheated of $178,000, while Maybank (Singapore) was cheated of the remaining $1.04 million. Lee Beng Yong, 55, who is also known as Muhammad Zaki Lee, was earlier convicted of six counts of cheating. One of the charges involved SCB, while five were linked to Maybank. On Tuesday (Oct 15), Deputy Public Prosecutor (DPP) Cheah Wenjie urged the court to sentence Lee to up to five years and six months' jail, stressing that the offender had made no restitution. Read more