Bidzina Ivanishvili is the biggest victim of a wealth manager who defrauded clients for nearly a decade.
In the largest market manipulation case in Singapore’s history, regulators have charged John Soh and Quah Su-Ling for orchestrating a stock trading fraud on the Singapore exchange.
The Securities and Futures Commission has recovered HK$191m ($24.6m) of assets from the Cayman-domiciled Athena Fund, which was a product from asset manager Descartes Athena Fund SPC. “The SFC alleges the Athena Fund was an outright fraud,” said Mark Steward, the SFC’s executive director of enforcement. “Our action to have the assets frozen prevented them […]