SINGAPORE: John Soh Chee Wen, who along with a number of individuals were under investigation for the 2013 penny stock crash on the Singapore Exchange, has been arrested by the authorities, according to The Straits Times.
Described by the Public Prosecutor in January as “mastermind” behind the infamous penny stock crash which wiped out S$8bil in market value in just days in October 2013, Soh, 57, will be charged today for his role in Singapore’s biggest securities fraud case, his lawyer Tan Chee Meng told The Straits Times.
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