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05-01-2025, 12:03 AM
"Jail for pair linked to bogus scheme with more than 2,000 Singapore investors, over S$13.7mil in losses"
"SINGAPORE: He was the managing director of a firm called Singliworld which lured more than 2,000 investors in Singapore into an “investment scheme” that promised trading returns as high as 13 per cent per month.
But the scheme turned out to be fraudulent and there was a loss of over US$10 million (S$13.7 million) after more than US$21 million was collected from the investors, which also"
"SINGAPORE: He was the managing director of a firm called Singliworld which lured more than 2,000 investors in Singapore into an “investment scheme” that promised trading returns as high as 13 per cent per month.
But the scheme turned out to be fraudulent and there was a loss of over US$10 million (S$13.7 million) after more than US$21 million was collected from the investors, which also"
