Singapore's "fuel king" Lin Enqiang has been found guilty of deceiving HSBC to lend over 100 million US dollars. Singapore's "fuel king" Lin Enqiang has been accused of inciting others to forge documents, create false images of companies engaging in fuel transactions, and deceive banks into issuing hundreds of millions of Singapore dollars. After 62 days of trial, the judge issued a guilty verdict on May 10th. According to the closing statement of the prosecution, Lin Enqiang instigated employees to forge documents, create a false impression of Xinglong's transactions with China Aviation Oil (Singapore) Company and Sinopec Singapore, apply for financing from HSBC, and deceive the bank into issuing over 111 million US dollars (148 million Singapore dollars) to Xinglong.