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2013 Penny Stock Crash

Wash-trading of BAL shares prevalent in months leading up to crash: expert witness - THE EDGE SINGAPORE

2013 Penny Stock Crash

Wash-trading of BAL shares prevalent in months leading up to crash: expert witness

Expert witnesses testifying on behalf of the prosecution told the court there were signs that the trading of the three penny stocks was subjected to manipulation and that the prices they were tradi

James Hong of Blumont lost US$50 mil from crash but will 'leave it as such' - THE EDGE SINGAPORE

2013 Penny Stock Crash

James Hong of Blumont lost US$50 mil from crash but will 'leave it as such'

When the three penny stocks, Blumont Group, Asiasons Capital and LionGold Corp crashed suddenly in early October 2013, James Hong Gee Ho was hit in more ways than one.

Blumont’s James Hong agrees he is 'special' for receiving John Soh's help and advice - THE EDGE SINGAPORE

2013 Penny Stock Crash

Blumont's James Hong agrees he is 'special' for receiving John Soh's help and advice

Witness James Hong has been impeached by the prosecution for multiple inconsistencies in the testimonies he gave in court, versus statements he made earlier to the police.

Richard Chan, John Soh's blue-eyed boy, ends up saddled with $1.1 mil in trading losses - THE EDGE SINGAPORE

2013 Penny Stock Crash

Richard Chan, John Soh's blue-eyed boy, ends up saddled with $1.1 mil in trading losses

Richard Chan Sing En was a specialist in restructuring beleaguered listed companies.

John Soh wanted Dick Gwee to share blame in CAD probe - THE EDGE SINGAPORE

2013 Penny Stock Crash

John Soh wanted Dick Gwee to share blame in CAD probe

When investigators started probing the 2013 penny stock crash, alleged mastermind John Soh Chee Wen told his longtime friend Dick Gwee Yow Pin that he had thought of different “strategies” for diff

How Dick Gwee and John Soh bonded over stocks and deaths in a 30-year bromance - THE EDGE SINGAPORE

2013 Penny Stock Crash

How Dick Gwee and John Soh bonded over stocks and deaths in a 30-year bromance

The first time Dick Gwee Yow Pin heard John Soh Chee Wen talk about the prospects of gold mining company Think Environmental in late 2011, he felt Soh was trying to buay koyok.

Steve Phuah, whom John Soh calls 'my man' and went from director to driver, is not flattered - THE EDGE SINGAPORE

2013 Penny Stock Crash

Steve Phuah, whom John Soh calls 'my man' and went from director to driver, is not flattered

Tensions apparently rose among individuals who were allegedly part of the network of account holders, nominees and brokers linked to the 2013 penny stock manipulation scheme allegedly headed by Joh

Quah was buying Blumont shares right until a day before crash: Witness - THE EDGE SINGAPORE

2013 Penny Stock Crash

Quah was buying Blumont shares right until a day before crash: Witness

The alleged masterminds behind the manipulation of the three penny stocks that crashed on Oct 4, 2013, and their associates, tried to defend their stock prices when they came under selling pressure

IPCO former CFO Smith says not aware how share trading works - THE EDGE SINGAPORE

2013 Penny Stock Crash

IPCO former CFO Smith says not aware how share trading works

Carlson Clark Smith, the former CFO of IPCO International, resisted attempts by defence lawyers of John Soh Chee Wen and Quah Su-Ling to show he knew all along trading accounts ope

Did Goldman Sachs trigger the big short of BAL? - THE EDGE SINGAPORE

2013 Penny Stock Crash

Did Goldman Sachs trigger the big short of BAL?

The role Goldman Sachs played in the 2013 penny stock crash was put back in the spotlight recently, as one of its former top executives took to the stand as a prosecution witness in the trial of Jo

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