Ex-UOB relationship manager conned illiterate man of more than $200,000

Yap Bin Chun pleaded guilty to four cheating charges and one count of forgery. A former banker from United Overseas Bank (UOB) took advantage of an elderly and illiterate client, siphoning off more than $200,000 of the latter’s savings for over a year, a court heard. UOB later paid the victim, 68-year-old Ng Hock Seng, $223,522.61 as settlement for the losses incurred by its former errant employee Yap Bin Chun, after his crimes came to light.