Man charged for attempted market manipulation via Telegram
Add BT as a preferred source
A MAN has been charged under the Securities and Futures Act (SFA) for fraudulently inducing others to deal in shares using Telegram, announced the Monetary Authority of Singapore (MAS) on Wednesday (Feb 9).
Kenneth Goh Jia Poh allegedly made false statements in 2 Telegram chat groups to induce others to trade in multiple securities on the Singapore Exchange (SGX) between July and August 2020.
He is also accused of engaging in a conspiracy with another person to make similar false statements in the same chat groups. MAS said its investigation into the second person is ongoing.
TRENDING NOW
Singapore developer in limbo after Timor-Leste scraps major township project
Troubled platform UCars founded by group of dealers wound up on S$4 million debt
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think
