Singaporean man allegedly duped 17 people and a firm of over S$4.5mil in total

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SINGAPORE: A director of four firms allegedly cheated 17 people and a company of more than S$4.5 million in total – comprising over US$500,000 (S$682,000) and more than S$3.9 million – between 2019 and 2021.

At the time of the alleged offences, Ong Kai Min was a director at Singapore Index Trading Institute (Siti), Bookhero, OKM Holdings and a Vanuatu-registered firm called C7 Traders Vanuatu.