KUALA LUMPUR: The ringgit is expected to stay at the current levels of 4.43 to 4.45 against the greenback next week amid caution as a series of US Federal Reserve (Fed) officials will speak publicly on the American economy.
SINGAPORE: Over 10 months, a Singapore an man allegedly cheated local banks of over S$2 million by applying for loans using other people’s Singpass accounts.
At the same time, police also received reports from victims who discovered that loans had been obtained in their names from local banks without their knowledge or consent. Once the loans were approved, the banks disbursed the funds directly to Goh’s personal bank accounts.The repayments were mostly delayed or only partially made, causing huge financial losses to the banks, said the police.
Man Allegedly Cheated Banks S$2Mil Applying Loans Singpass Accounts
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