Siak Lai Chun
Siak Lai Chun is a Singaporean and a former bank executive who has been listed as a fugitive and subject of an Interpol Red Notice for more than two decades. She is (as of recent reporting) about 62 years old.[1]
Alleged crime and details
Between 1995 and 1997, while working at the now-defunct Overseas Union Bank (OUB), Siak allegedly orchestrated a significant bank fraud totalling S$18.7 million.[1]
The alleged methods of fraud included:
- Issuing fake cashier’s orders to siphon funds from five unwitting OUB customers. These orders were purportedly not verified by required signatories.[1]
- Creating fraudulent refunds amounting to S$7.5 million on cashier’s orders that had already been paid out.[1]
- Processing falsified housing loan transfers worth S$1.14 million.[1]
- Intercepting customers’ bank statements sent by mail, thereby delaying the victims’ awareness of the illicit activity.[1]
Discovery and flight
The fraudulent activity was uncovered in December 1997. Upon exposure, Siak absconded, effectively disappearing from law enforcement oversight. She has remained at large ever since.[1]
Legal status and international notice
Siak is currently featured on the Interpol Red Notice list, indicating that Singapore has requested international assistance in locating and extraditing her.[2]
She is one of several individuals with ongoing Red Notices associated with Singapore; as of January 2025, about 80 individuals were linked to Singapore on Interpol notices, of whom approximately 40 were Singaporean citizens—Siak Lai Chun being among the most high-profile and long-wanted.[3]
References/Citations
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 Yong Hao, Khoo. “7 most wanted S’pore fugitives still at large, from O-Level cheater to runaway murderers” MustShareNews, 29 August, 2025. Accessed 12 September, 2025.
- ↑ Sun, David. “About 40 Singaporeans with Interpol Red Notices wanted for offences including murder and cheating” The Straits Times, 8 January, 2025. Accessed 12 September, 2025.
- ↑ Martens, Hannah. “About 80 individuals linked to S’pore traced to Interpol Red Notices, half are S’poreans” Mothership.sg, 10 January, 2025. Accessed 12 September, 2025.