Singapore News - At the centre of a US$1.1 billion (S$1.45 billion) scam, deemed by prosecutors as one of Singapore’s largest investment fraud schemes, stands alleged nickel trading fraudster Ng Yu Zhi. Ng, whose case is to be heard by the High Court, faces 105 criminal charges in... Read more at www.tnp.sg
SINGAPORE (The Straits Times/Asia News Network): John Soh Chee Wen, the mastermind of Singapore’s biggest case of stock market manipulation that wiped out nearly S$8 billion in market value in October 2013, on Wednesday (Dec 28) was sentenced to 36 years in jail, while his co-conspirator Quah Su-Ling was handed 20 years.
A Malaysian businessman convicted of masterminding a stock scam that wiped US$5.8 billion off Singapore’s exchange was sentenced on Wednesday to 36 years in jail by a court in the city-state. John Soh Chee Wen orchestrated the scheme, according to court documents, and his accomplice, Singaporean Quah Su-Ling, was also given a 20-year jail term. […]
SINGAPORE - Malaysian businessman John Soh Chee Wen has been handed down a 36-year jail term in Singapore for his involvement in the largest and most serious case of market...
The stiff prison sentences handed down to the masterminds behind Singapore's biggest stock market manipulation is a clear testament to the authorities' resolve in acting against such misconduct, and safeguarding the island nation's reputation as an international financial centre.
SINGAPORE (AFP) – A Malaysian businessman convicted of masterminding a stock scam that wiped USD5.8 billion off Singapore’s exchange was sentenced yesterday to 36 years in jail by a court in the city-state. John Soh Chee Wen orchestrated the scheme, according to court documents, and his accomplice, Singaporean Quah Su-Ling, was also given a 20-year […]