The Independent Commission Against Corruption has charged a Police sergeant for allegedly swindling $250,000 from a woman. Ng Wai-yip, 41, will appear at Eastern Magistracy on April 21.

On November 15, 2003, Ng allegedly said that $250,000 withdrawn by a woman had to be returned to the Office of the Commissioner of Banking, and with intent to defraud, induced her to give it to him.

He is also alleged to have, on April 22 last year, falsely claimed he was charged with deception and was interdicted, with his salary suspended and he was in need of money to pay for legal fees. It is alleged that Ng attempted to induce the victim to lend him $25,000.

Police froze the $250,000 in the victim's bank account, as it was then suspected proceeds of crime allegedly misappropriated by her estranged husband.

Investigations found that Police later allowed the victim to reactivate her account, but allegedly, the defendant falsely claimed that $250,000 was to be surrendered to Office of the Commissioner of Banking, which has since merged with the Monetary Authority.