Man jailed 6 months for forging payslips to increase his credit limit, buy S$31,000 of bitcoin

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SINGAPORE — Eager to invest in bitcoin, Lin Mingzhong decided to forge two payslips and declare that he was earning more to increase his credit limit and get his hands on extra cash.

On Wednesday , the 48-year-old Singaporean was sentenced to six months’ jail after pleading guilty to one count of forgery for the purpose of cheating.

As part of his application with Citibank, he had to declare his monthly salary and submit payslips to substantiate his claims. Lin falsely declared that his monthly salary was S$8,100 by using a payslip that he previously received while working for Mediacorp in October 2019 as a template. On March 15, 2020, he logged onto Citibank’s online banking portal and submitted the application with the forged payslips.

 

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