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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
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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.

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