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In Singapore, woman jailed over five years for cheating investors into putting S$2 2m into fake trading firm

SINGAPORE, Aug 31 Her “clients” thought their money was being used in foreign exchange (forex) trading for profit but in reality, Wan Lai Kuan never intended to use the.

Jail for woman who tricked 18 investors into putting in $2 2m in her Ponzi scheme

Singapore News - Lured by the promise of 5 per cent returns, 18 investors put in a total of $2.2 million into what turned out to be a Ponzi scheme. Some had doubled down on their investment after they received repayments on their supposed returns - but these were just done by the. Read more at www.tnp.sg

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