Singapore: A 19-year-old youth of Indian origin in Singapore has been accused of fraudulently withdrawing money from a bank. Along with this, a case has been registered against him for inciting an unknown person to hack the computer system of the bank. According to media reports, the young man, along with his associate, has stolen 249,000 Singapore dollars (about more than 1.5 crore Indian rupees) from his bank account.
According to The Straits Times report, 19-year-old Mathana Raj Singh duped the bank that he was the sole operator of the account he was opening. Further, he gave his i-banking login credentials to an unknown person to effect transactions on the UOB computer system. With its help, he cleared about Rs 1.5 crore from the bank.
According to the media report, the young man had opened the account only for the purpose of withdrawing money from the bank. After opening the account, he contacted an unknown youth, who was an expert in computer hacking. Police said the accused youth opened a bank account and allowed others to use it after reading about the offer of cash loan against bank account details on the messaging platform Telegram.
On Friday, the accused said that I will also take legal help in this matter. Let us tell you that if found guilty of cheating, a youth of Indian origin can be imprisoned for up to three years, fined or both. On the other hand, if he is found guilty of the second charge, he can be jailed for up to two years, fined up to 5,000 Singapore dollars, or both. Please tell that now he will be produced in the court next time on April 6.
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