Bank officer arrested for allegedly stealing S$500,000

[CarrotHead]

Bank officer arrested for allegedly stealing S$500,000

POSTED: 19 May 2013 4:48 PM

SINGAPORE: Police have arrested a 48-year-old woman for alleged criminal breach of trust involving S$500,000 in cash.

In a statement, police said they arrested the suspect -- a bank officer -- at about 5am on Saturday.

They recovered S$1,000 in cash and over S$4,900 in gambling chips, and are working to recover the rest of the monies.

They were acting on a report lodged by the manager of a bank in Serangoon Gardens, stating that S$500,000 had been stolen from the bank. The report was lodged at about 11pm on Friday, May 17.

Investigations followed, and it was established that a 48-year-old branch officer might have siphoned off the cash during bank closing hours on May 16.

Police said the suspect will be charged in court on Monday for criminal breach of trust, which carries a jail term of up 15 years and may also include a fine.

- CNA/ac

 

[hokkien]

The polis can recover the money from the casino?

 

[no_faith]

dumb bitch. sure thinking she can won another 500,000 in time to cover the hole.

 

[iAgent]

Her tenacity spurred her on for sure.

 

[Barin]

Stanchart employee charged with pocketing $500K

Published on May 20, 2013
By Elena Chong

A chief cashier of Standard Chartered Bank was charged on Monday with pocketing $500,000 from the Serangoon Garden Way branch.

Koh Mui Hoong, 47, is alleged to have committed criminal breach of trust as a servant between the second week of January and second week of May this year.

She is remanded at Ang Mo Kio police divison for a week for further investigation.

Police arrested the suspect on Sunday and recovered cash of $1,000 and gambling chips worth $4,905.

Get a copy of The Straits Times