John Soh’s recalcitrance calls for tough stance
Penny stock crash of 2013 underscores need for law enforcement agencies that are vigilant, vigorous and even a bit vicious
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JOHN Soh and Quah Su Ling were found guilty this past week of a massive market manipulation operation that led to the infamous Singapore penny stock crash of 2013.
This marked a hard-won victory for Singapore’s law enforcement authorities.
Immediately after Justice Hoo Sheau Peng delivered her oral judgement – finding Soh guilty on 180 of 188 charges, and Quah guilty on 169 of 177 charges – the Singapore Police Force (SPF) and Monetary Authority of Singapore (MAS) reminded everyone what it took to get here.
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