Fintech founder Joe Cho charged with fraud in South Korea

Singapore

JOE CHO SEUNGHYUN, the founder of Marvelstone Group - a fintech firm once based in Singapore - has been charged with fraud in his home country of South Korea and is set to appear in court in Seoul at his first hearing this Friday, a court document seen by The Business Times showed.

He continues to be investigated by the police over the same allegations of fraud brought on by a separate set of over 70 investors who have claimed that more than 10 billion Korean…