Ex-OCBC dealer allegedly made unlawful trades that caused losses
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Singapore
OVER more than two years, a dealer at OCBC bank allegedly made numerous unauthorised foreign exchange trades in the bank's system, involving accounts belonging to its clients.
Lu Chor Sheng, 40, formerly a treasury adviser at the bank, is accused of committing 40 offences under the Computer Misuse Act, two other offences involving cheating by personation, as well as five offences related to acquiring, possessing, using, concealing or transferring benefits of criminal conduct.
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