Fintech founder Joe Cho 'under police probe in South Korea'
He was sent back from Indonesia to his home country, says lawyer for investors claiming over S$6m
Add BT as a preferred source
Singapore
THE founder of fintech firm Marvelstone Group - which was once based in Singapore - is now under investigation by police in his home country of South Korea over allegations of financial crimes, said a lawyer representing about 40 investors who have sued over claims of over S$6 million.
Joe Cho Seunghyun, a Singapore permanent resident who made the rounds in Singapore's fintech scene a few years ago, was picked up by the South Korean police at the airport on Aug 25, having been sent back to South Korea from Indonesia following a request submitted by the South Korean police through Interpol, said Noh Joohee, a lawyer from Soorun Asia.
TRENDING NOW
Johor property old hand KSL readies family handover amid market boom
Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing
Sats may reward shareholders with special dividend if there’s spare cash
Property group Lee Kim Tah reaches settlement with ex-director in ongoing misconduct probe
