Home News Banking & finance

MAS slaps 10-year prohibition orders against former DBS wealth planning manager

Felicia Tan
Felicia Tan3/18/2022 2:56 PM GMT+08  • 2 min read
MAS slaps 10-year prohibition orders against former DBS wealth planning manager
The former wealth planning manager, Marcus Loh, had deceived seven clients into transferring $490,000 to his personal bank account
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

The Monetary Authority of Singapore (MAS) has issued 10-year prohibition orders (POs) to Marcus Loh Thim Mun, a former wealth planning manager with DBS Bank.

The orders took effect on March 16

They were issued following Loh’s convictions in the state for offences involving fraud or dishonesty, namely cheating, forgery and using the benefits of his criminal conduct.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now