The Monetary Authority of Singapore (MAS) has issued a two-year ban to a former insurance agent for forging clients’ signatures and other information on application forms.
Yap Chee Hoe, a former representative at financial advisory firm Legacy, was prohibited from participating in the insurance industry as an intermediary for two years, after he was found to have forged the signatures of five individuals in their insurance application forms, Channel News Asia reported. He also supplied false information regarding an individual’s health and employment status in one of the application forms.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.