Trial begins on alleged Ponzi oil scheme involving C$175m, after over 1,000 investors seek legal action in S’pore court - The Online Citizen

More than 1,000 investors have taken to Singapore courts for legal action against Yau Kwok Seng, a Singaporean who alleged of managing a Ponzi oil investment scheme that defrauded thousands of investors of C$175 million (S$180 million). The investors are suing Mr Yau via POA Recovery – which is a special purpose vehicle designated to […]

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