Malaysian John Soh Chee Wen arrested in Singapore over securities fraud

SINGAPORE: Penny stock crash "mastermind" John Soh Chee Wen (pix), who along with a number of individuals were under investigation for the 2013 penny stock crash, has been arrested by authorities and will be charged on Friday, The Straits Times has learnt.

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 on Friday for his role in Singapore's biggest securities fraud case, his lawyer Tan Chee Meng told The Straits Times.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Nation

Onus on MOE to ensure DLP succeeds, say educators
PM to build on close China ties
‘Back Bills to protect kids’
Mah: TVET upskilling needed to draw investors
It’s a critical step in ensuring human rights, says Amnesty
Teen can take court ordered DNA test
Employers with no workers quota in a fix
DPM gets to keep his passports permanently for now
Over 1,000 children physically abused last year
No more mandatory death sentence

Others Also Read