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A Singapore oil magnate faces prison in a major fraud case over financing trade

ABC News
Summary
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74% Informative

Singapore oil magnate sentenced to 17.5 years in prison for fraud and forgery.

Lim Oon Kuin , 82 , convicted in May on two counts of cheating the Hongkong and Shanghai Banking Corp. Lim used forged documents on two bogus oil transactions to deceive HSBC into disbursing credit totaling $111.7 million .

Lim , a Chinese immigrant, founded Hin Leong Trading in 1963 .

VR Score

83

Informative language

88

Neutral language

52

Article tone

formal

Language

English

Language complexity

54

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

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no sources

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