Singapore: In Singapore, a person of Indian origin has committed a shocking fraud through credit card. Due to this this person will now have to celebrate Diwali in jail. It is being told that this person of Indian origin has been convicted of criminal breach of trust by making personal transactions using a corporate credit card. After this, on Wednesday he was sentenced to four months in jail. Let us tell you that Raul Randhawa (44) was a risk and control officer in an insurance company. His monthly salary was more than 11,000 Singapore dollars (about seven lakh rupees).
Randhawa used the company's corporate credit card to pay for personal expenses and made 27 unauthorized transactions totaling SGD 29,674 (approximately Rs 18.8 lakh). However, he has paid the entire amount paid by credit card. Randhawa's bail has been set at Singapore dollars 10,000 and his sentence is expected to begin on November 13, The Straits Times reported. According to the news, Randhawa had signed a form when he started working for the insurance company, stating that he would use the Citibank credit card only for company-related business. (Language)
Image Credit: IndiaTv