Hunt is on for alleged CCTV firm embezzler

By The Nation

 

The owner of a Bangkok firm that sells CCTV cameras who was allegedly cheated out of Bt4.7 million by an employee plans to sue his bank to failing to notice the forged signature on the cheques used in the fraud.

Natthakit Piyachroenwattana said Thursday he would sue the unspecified bank for negligence after Chanyapak Ngamlamom, 35, who worked in his firm’s financial department, allegedly embezzled the money from 2014-2016.

 

Natthakit and his wife and business partner, Pavena Saingam, were at Bang Phlat Police Station checking on progress in the investigation.

 

Natthakit alleges that Chanyapak forged Pavena’s signature on cheques, but said the bank should have been able to discern the difference between the real signature and the fake.

 

He said Chanyapak disappeared after he and his wife discovered the alleged crime in February.

 

In October, forensic examination confirmed that the signatures on 162 cheques used to transfer money to the suspect’s bank account did not match Pavena’s.

 

Natthakit said bank officials had acknowledged that the signatures were not properly scrutinised and promised to compensate him for half the amount he lost.

 

He is consulting a lawyer about suing the bank for additional compensation.

 

While admitting partial blame because he had trusted his employee, Natthakit said the bank should have at least checked with him by phone about the signatures.

 

Noting that an arrest warrant had been issued for Chanyapak on December 13 for theft and forgery, he urged police to find her quickly.

 

The suspect has allegedly changed her name at least three times in the past year.

 

Source: http://www.nationmultimedia.com/detail/breakingnews/30334023

 

-- © Copyright The Nation 2017-12-15

4 minutes ago, webfact said:

Natthakit and his wife and business partner, Pavena Saingam, were at Bang Phlat Police Station checking on                                                      progress in the investigation.

 

You could put the words "the lack of" in the blank space, and it could well be more plausible.

" compensate him for half the amount he lost."note to bank,It was your fault,
its like getting blood from a stone,long ,long ago you could trust banks,not now. 

 

regards Worgeordie

The bank is guilty but the guy is guilty too guess he never let anyone do his accounting or not check his bank himself. This is not fully on the bank. 

3 minutes ago, worgeordie said:

" compensate him for half the amount he lost."note to bank,It was your fault,
its like getting blood from a stone,long ,long ago you could trust banks,not now. 

 

regards Worgeordie

I agree that the bank is to blame but the guy never checked his own account this has been going on for years without the guy himself ever checking his account. Seems like a failure on his account too. If this was just 1 cheque and found out fast then I fully would support the guy against the bank. Here it were 160+ over a long period.. that means the guy never did any real accounting or any checks of his account.

So you dont check the accounts you would think some of this would be cought on cctv cameras since that is the business he is in

Also how do you just get get a new cheque book without having to show ID ect

I'm sure one would be needed for 160 cheques