Paul Liew Ziguang, a former mortgage specialist at OCBC Bank, was charged with forging loans amounting to S$8 million on Thursday.
Liew, 30, faces 13 counts of committing forgery to help 11 clients get housing loans.
Between January 2014 and April 2015, he allegedly deceived the bank into believing the clients were earning higher annual incomes to meet the regulatory requirements for the loans, court documents revealed.
As a result, the bank approved the loans, which totalled $7,728,543.
If found guilty, Liew faces up to 10 years in jail and a fine for each charge. His case will be heard again on November 23 .