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2013 Penny Stock Crash

Witness Ken Tai admits to market manipulation for his own gain after lengthy cross-examination

SINGAPORE (Oct 4): A witness in the trial of the alleged masterminds of the 2013 penny stocks crash, John Soh Chee Wen and Quah Su Ling, today admitted to manipulation of the stock market for his o

2013 Penny Stock Crash

Witness Ken Tai 'disgusted' by the way boss John Soh treated his closest allies

SINGAPORE (Oct 3): John Soh Chee Wen, alleged mastermind of the 2013 penny stock crash, was a boss who did not treat closest members of his market-rolling gang well.

2013 Penny Stock Crash

More tales of jealousy, betrayal emerge in penny stock trial

SINGAPORE (Oct 2): More tales of jealousy and betrayal have emerged from the trial of John Soh Chee Wen and Quah Su-Ling, as former abettor-turned-prosecution witness Ken Tai Chee Ming (image) retu

2013 Penny Stock Crash

Prosecution witness Ken Tai reveals more stock brokers involved in 'market rolling' web

SINGAPORE (Oct 1): Prosecution witness Ken Tai Chee Ming has exposed more names within the local stock broking community that had connections with alleged 2013 penny stock crash masterminds John So

2013 Penny Stock Crash

John Soh trial resumes with a peek into deceit, betrayal in 'inner circle'

SINGAPORE (Sept 30): Ken Tai Chee Ming was a commissioned dealer at AmFraser Securities (now known as KGI Securities Singapore) in 2010 when he was first introduced to Quah Su-Ling and John Soh Che

2013 Penny Stock Crash

Failed Innopac deal portends mining magnate Gutnick’s woes in Australia

SINGAPORE (May 20): The Australian Securities and Investments Commission (ASIC) is seeking judicial permission to wind down mining company Merlin Diamonds.

2013 Penny Stock Crash

Broking firm filed suspicious transaction reports for accounts, says witness

SINGAPORE (May 16): Brokerage firm KGI Securities had filed Suspicious Transaction Reports (STRs) for three of 20 trading accounts allegedly manipulated by the masterminds behind the 2013 penny sto

2013 Penny Stock Crash

Witnesses stand up to questioning; Coutts reveals hefty losses from crash

SINGAPORE (May 13): Four of the six prosecution witnesses who have testified so far at the trial of John Soh Chee Wen and Quah Su-Ling have been remisiers.

2013 Penny Stock Crash

Onus on trade reps to obtain proper third-party authorisation: OCBC Securities

SINGAPORE (May 9): Woon Kok Yan, head of risk management of OCBC Securities, placed the blame squarely on trade representatives for failing to obtain formal third-party authorisation, when he took

2013 Penny Stock Crash

Prosecution witness Lee accused of lying and concealing facts in court

SINGAPORE (May 6): The trial of John Soh Chee Wen and Quah Su Ling resumed on Monday with defence counsels accusing former Lim & Tan remiser Andy Lee Chee Wee of lying and concealing facts in c

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