The Straits Times
High Court dismisses claim by firm representing over 1,000 investors that oil investment was Ponzi scheme
High Court judge Choo Han Teck rejected the plaintiff s allegations of fraud and misrepresentation and ruled that the investments were legitimate.PHOTO: ST FILE
https://str.sg/JHm9
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The Straits Times
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A $1 shell company that was set up to pursue the claims of more than 1,000 investors across Asia has lost its case in the Singapore High Court.