Chance to become a billionaire spoilt by police.AFP
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2 S'poreans on trial over bid to withdraw $157b
Sun, Nov 18, 2007
The Straits Times
HONG KONG - TWO Singaporeans are on trial in Hong Kong for using fake cheques and certificates of deposit to try to withdraw more than US$108 billion (S$157 billion) from a DBS branch in the territory.
Also in the dock with Eddie Woon Kwok Jin, 53, and Lim Ban Hoong, 62, on the opening day of the trial on Friday was 32-year-old Ma Ping, a mainland Chinese woman, the Hong Kong media reported yesterday.
The Singaporeans had approached the bank in Hong Kong's Wanchai district in April and presented photocopies of certificates of deposit and cheques allegedly issued by Overseas Trust Bank (OTB) in 1948.
The bank originally belonged to OTB but was acquired by DBS in 2003.
Staff of the bank alerted the police after finding that OTB had not been established yet in 1948. The bank lost no money in the incident, reported the South China Morning Post.
The three pleaded not guilty to the charges.
Woon and Lim claimed that they were entrusted by Ma to withdraw the money from the account of one Sa Haiian, who was said to be Ma's aunt.
The prosecution said the false papers predated the opening of OTB in 1955, and the bank had no record of such a customer.
Also, contrary to banking practice, the cheques were found to bear two branch names - Wanchai and Shanghai - and the authorising signatures were not in the proper spot, reported the Ming Pao Daily News.
Mr Wong Yiu Chung, a DBS branch manager who spoke with Woon and Lim during their first meeting, testified that the two claimed to have 30 cheques issued in 1948, each with a face value of US$3.6 billion.
But they refused to produce the original, saying that they would do so only when they met the bank's senior management.
Mr Wong then requested that Ma appear personally at the next appointment.
The three were arrested by the police when they turned up at the bank in June.
The trial continues tomorrow.
Imagine if the bank issued them that sum of money -
aiyah sayang!
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Originally posted by 2cansam:
want to cheat people also must do homework.
Imagine [b]if the bank issued them that sum of money [/b] -
don dare to do in singapore but go to hong kong and do -
Cheques issued in 1948???
Cheques in Singapore only 6 months lifespan.
Stupid!!!
In billions somemore, which branch manager won't do checks on top of checks to ensure authenticity. -
Stupidity at it's best...
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Those two jokers must be insane... Singapore does not even have $150+ billion in its reserves, how is DBS bank ever going to have that much money?
Greed and stupidity/naiveness at their extremes... -
Wow~ wasted...
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157 bil? thats like sh1t lot more than the richest man on earth wad.
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They want to beat Bill Gate's US$100 billion to be the world's richest guys ma.
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If they are withdrawing in China, it would be from the Chinese Govt liao.Originally posted by cornyfish2000:Those two jokers must be insane... Singapore does not even have $150+ billion in its reserves, how is DBS bank ever going to have that much money?
Greed and stupidity/naiveness at their extremes... -
Originally posted by Hello Kitty:aiyah sayang!
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Lol they draw out 1 or 2 billion enough to last them one lifetime liao. So greedy want 157 billion. They really no brains leiOriginally posted by LatecomerX:They want to beat Bill Gate's US$100 billion to be the world's richest guys ma.
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They must be crazy hahaha... thats a hell lot of money! Anyone would suspect!
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Stupid. -
They should write a smaller "no guessing" amount..
like $1000, or $2000.
Routine amount and won't raise suspicion...
but i guess 1948 is suspicion enough too. -
Seriously, this is the dumbest crap I've ever seen in my whole life. There're just too many flaws everywhere.
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Now that's how not to do a scam. -
Owned!!
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Hmm.....these 2 SGs must have been living in China for a number of years.....so they think if in China so many ppl can cheat each other and become millionaires....they can also do it to DBS in Hong Kong...!!Originally posted by 2cansam:2 S'poreans on trial over bid to withdraw $157b
Sun, Nov 18, 2007
The Straits Times
HONG KONG - TWO Singaporeans are on trial in Hong Kong for using fake cheques and certificates of deposit to try to withdraw more than US$108 billion (S$157 billion) from a DBS branch in the territory.
Also in the dock with Eddie Woon Kwok Jin, 53, and Lim Ban Hoong, 62, on the opening day of the trial on Friday was 32-year-old Ma Ping, a mainland Chinese woman, the Hong Kong media reported yesterday.
Such stupidity.........
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Stupid but good try.
Anyway, I doubt the branch had so much monies.
Ha hahahahahahahahaha -
singaporeans are well protected n spoonfed, how to con around. don get conned u r fortunate
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maybe too old... then sort sort liao...
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