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