SINGAPORE – A bank officer who made unauthorised transfers of $600,000 from a client’s bank account, and paid almost $90,000 in credit card bills using the client’s money, was hauled to court on July 8.

Goi Wee Shien, 43, was handed 16 charges over cheating, money laundering and forgery, among other offences.

Between March 2015 and April 2016, Goi allegedly forged three OCBC funds transfer forms to transfer $600,000 from the client’s bank account to a POSB bank account maintained by one See Daoen.

See, 42, was then said to have withdrawn part of the fraudulent proceeds amounting to $549,000, and handed the money to Goi on different occasions.

On July 8, See was handed three charges over allegedly acquiring property in his POSB bank account despite having reasonable grounds to believe that such property represented Goi’s benefits from criminal conduct.

See is expected to plead guilty on Aug 19.

From February 2018 to September 2019, Goi is accused of instigating another person to impersonate a bank client to carry out pre-trade voice log confirmations over the phone, for the execution of 48 trades in this client’s account.

Goi also allegedly made 12 unauthorised payments from the client’s bank account to cover credit card bills totalling $89,999.91 via the AXS mobile application, and made unauthorised fund transfers totalling $73,000 to third parties.

Further, Goi was charged over performing unauthorised access to the client’s internet banking account on two occasions to change the client’s registered phone number to that of another person’s, and to alter the mode of delivery of bank statements.

Goi also allegedly made unauthorised bookings for complimentary limousine airport transfer services under his client’s name on three occasions and obstructed the course of justice by disposing electronic devices which he knew contained evidence that was relevant to police investigations.