Man charged with attempting to extort $500,000

//Man charged with attempting to extort $500,000

Man charged with attempting to extort $500,000

Nagarajan, an Indian national attempted extortion of half a million dollars.

According to his charge sheet, Nagarajan Balajee is accused of threatening Standard Chartered Bank’s global head of digital banking and retail, Aalishaan Zaidi, that he would “publish a defamatory libel concerning him”, unless Zaidi gave him $500,000. No plea was taken and the case will be mentioned again on 30 October 2018. District Judge Christopher Goh set bail at $20,000.

If found guilty of attempted extortion, Nagarajan faces between two and five years in jail and caning.

2018-10-02T20:04:49+00:00News|0 Comments

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