July 13, 2009 Monday
Updated

July 13, 2009
Thieves charged $17k
Purchases made before she reported cards lost; banks insist she must pay up
By Lim Wei Chean
Ms Tan Shock Ling, 39, displaying a credit card slip which was given to her by a bank. Her stolen credit cards had been used to buy three Rolex watches. -- ST PHOTO: NG SOR LUAN

HER credit cards, stolen without her knowledge, funded somebody's shopping spree comprising three Rolex watches worth $5,700 each. The goods and thieves are gone. All cardholder Tan Shock Ling, 39, is left with is a $17,100 bill.

The banks are insisting she must pay up, because the transactions took place before she reported the loss of the cards. But the human resource administration manager asked: 'How can I be liable when this is an obvious case of theft?'

If Ms Tan does not pay up, she will incur late-payment charges and interest.

Read the full story in Monday's edition of The Straits Times

weichean@sph.com.sg

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