Ex-UOB personal banker jailed for forgery and cheating his clients
He missold policies and secretly bought them in his clients' names; nine of them lost S$500,000
Singapore
A PERSONAL banker with United Overseas Bank (UOB) took liberties with his clients' funds through a range of schemes, including misselling policies and buying policies under their name without their knowledge.
Nine of his clients lost S$500,000.
Nguyen Duy Minh, 29, who is no longer with the bank, committed the offences involving a total of more than S$1.1 million between September 2013 and December 2014.
On Thursday, the Vietnamese national was jailed three years nine months for his offences. He had pleaded guilty to nine forgery-related charges and three counts of cheating. He also admitted to one count each of criminal breach of trust and dealing with the benefits of criminal conduct. Thirty other …
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