SINGAPORE - A man who allegedly tricked people into lending him millions of dollars by promising them high returns is facing a total of 344 charges in court, the bulk of it for cheating.
Kenneth Kam Boon Hee, 53, was charged with 191 counts of cheating and four counts of transferring benefits from his criminal conduct in his latest turn in court on Thursday (Feb 18).
His alleged criminal conduct involves over $16 million in total.
Kam, a former director of several companies, already faces 149 charges related to cheating and dishonestly inducing a delivery of property prior to Thursday.
The police said on Thursday that the charges are related to Kam s alleged promotion of a loan programme which raised millions from his lenders .