2013 Penny Stock Crash

2013 Penny Stock Crash

John Soh claimed ex-SGX chief regulator Teng fed him updates on CAD probe: Prosecution witness

SINGAPORE (Feb 18): Former abettor-turned-prosecution witness Ken Tai Chee Ming in court on Feb 18 alleged that Richard Teng, the former chief regulatory officer of the Singapore Exchange (SGX), wa

2013 Penny Stock Crash

From 'haunted counters' to branded watches, witness Ken Tai denies 'churning' commissions

SINGAPORE (Jan 31): The third tranche in the trial of John Soh Chee Wen and Quah Su-Ling, the alleged masterminds behind the 2013 penny stock crash has been adjourned to after the Lunar New Year.

2013 Penny Stock Crash

Prosecution witness Ken Tai earned $8,588 worth of commissions in a day from 'churning' LionGold shares, defence counsel claims

SINGAPORE (Jan 17): Prosecution witness Ken Tai Chee Ming on Friday admitted that he had raked in thousands of dollars’ worth of commissions in a single day from the trading of shares in LionGold C

2013 Penny Stock Crash

Witness Ken Tai claims to have left queues in the system not for own benefit but to prevent 'haunted counters'

SINGAPORE (Jan 16): Prosecution witness Ken Tai Chee Ming has again denied making unauthorised trades as a market operator for shares in LionGold Corp in order to churn commission for himself.

2013 Penny Stock Crash

Prosecution witness Ken Tai admits to using omnibus accounts to hide illegal 'wash trades'

SINGAPORE (Jan 10): Prosecution witness Ken Tai Chee Ming has admitted to using omnibus accounts to prevent authorities from detecting his illegal “wash trading” activities.

2013 Penny Stock Crash

Credibility of prosecution witness Ken Tai questioned at onset of third tranche of hearings

SINGAPORE (Jan 10): He returned to the stand for the third tranche of the trial of the alleged 2013 penny stock crash masterminds John Soh Chee Wen and Quah Su-Ling.

2013 Penny Stock Crash

Counsels clash over possible impeachment of former abettor-turned-prosecution witness Ken Tai

SINGAPORE (Jan 9): The defence counsels of alleged 2013 penny stock crash masterminds John Soh Chee Wen and Quah Su-Ling on Thursday crossed swords with state prosecutors over the potential impeach

2013 Penny Stock Crash

Prosecution witness Ken Tai concedes alleged mastermind John Soh did not tell him to 'lie to' or 'mislead' authorities

SINGAPORE (Jan 8): Prosecution witness Ken Tai Chee Ming conceded in court on Wednesday that John Soh Chee Wen, the alleged mastermind behind the 2013 penny stock crash, did not explicitly tell him

2013 Penny Stock Crash

Prosecution witness Ken Tai denies making unauthorised trades to churn commission

SINGAPORE (Jan 7): Prosecution witness Ken Tai Chee Ming on Tuesday denied making unauthorised trades when alleged 2013 penny stock crash masterminds John Soh Chee Wen and Quah Su-Ling were away in

2013 Penny Stock Crash

John Soh threatened to 'run down' integrity of witnesses, claims former abettor Ken Tai

SINGAPORE (Jan 3): John Soh Chee Wen, the alleged mastermind behind the 2013 penny stock crash, had threatened to “run down the integrity” of witnesses, former abettor-turned-prosecution witness Ke

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