Investors chase down trader


High-rise anger: Investors, accompanied by members of debt-collection agency JMS Rogers, outside Ng’s Toa Payoh flat after he failed to show up for a meeting at a Geylang coffee shop earlier. — The Straits Times / Asia News Network

A GROUP of 15 investors chased a businessman across Singapore in a bid to recover hundreds of thousands of dollars they had allegedly entrusted to him to invest in seaweed farms.

Simon Ng, 54, had been due to meet the group at a coffee shop in Geylang Lorong 41 at noon yesterday, but when he sent another person to pass on his lawyer’s details to them, they went to his Toa Payoh flat - before showing up at his lawyer’s Changi office.

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regional , singapore , trader , missing

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