SINGAPORE: Two Filipino women were sentenced to jail on Monday for being part of a conspiracy to cheat Standard Chartered Bank.
One of them, Charon Legaspi Dimpas, was sentenced to 45 months behind bars for cheating the bank of S$759,900.
The 26-year-old
former direct sales agent from telemarketing company, Touch & Tech,
committed the offence between June and November 2009.
She pleaded guilty to eight charges while 88 other similar ones were taken into consideration.
Touch & Tech was engaged by the bank to telemarket the unsecured credit facilities the bank offers to prospective clients.
To
earn additional income, Dimpas became part of a syndicate that
illegally helped foreigners secure such credit facilities from the bank
even though they were not eligible for the services.
She had
forged her applicants' pay slips by inflating their monthly incomes so
that their annual pay would appear to be more than S$60,000.
The court heard that their annual income has to be at least that amount to be eligible for such credit facilities.
And
because foreigners holding employment passes must have a minimum of
one-year validity remaining on their working papers, Dimpas also forged
letters of extension for employment to assist her applicants.
Deputy
Public Prosecutor Magdalene Huang told the court that Dimpas earned a
commission of more than S$8,000 from her 96 successful applications
using the forged documents.
The other offender, 39-year-old Maria
Theresa Arenas Garcia, who was one of the applicants, was sentenced to
six months' jail for being part of the ruse.
By submitting forged
pay slips and a bogus letter of extension for employment, the
administrative operation executive had deceived the bank into giving her
a loan of
S$10,500.
For the offences, each woman could have been jailed up to ten years and fined for each charge.
- CNA/ir
2 crooks trying to con a corrupted bank ................LOL