MAS slaps bans on four finance-industry professionals for fraud and dishonest conduct
Three insurance agents and a former bank employee have already been convicted and imprisoned
Singapore
THE Monetary Authority of Singapore (MAS) has issued prohibition orders against three former insurance agents and a former bank employee for fraudulent and dishonest conduct.
The four individuals are Edwin Teh Chin Hong and Joseph Michael, both formerly with Great Eastern Life Assurance (GE), Aloysius Zephaniah Lim Bing Hong, who was from Prudential Assurance Singapore, and Ng Wei Ling, a former employee of United Overseas Bank (UOB).
TRENDING NOW
DeepSeek founder Liang Wenfeng becomes the world’s richest AI model creator
A new kind of ‘ceasefire’ between US and Iran where talks, strikes are part of the same process
Early payout from Philippines’ Maharlika Investment Fund raises eyebrows over its true nature
Family businesses fail when members overstep their roles