Then Feng, 40, faces a total of 16 charges, including eight cheating charges involving Mr Andrew Ling Hui, the director of Providence Asset Management and 5 and 2.
In her opening statement on Wednesday , Deputy Public Prosecutor Tan Pei Wei said Then had been working for Walkers , a branch of international law firm Walkers, since September 2011. Mr Ling then delivered or caused his investors to deliver US$5.57 million and $1.8 million to Then or his company, on his instructions and relying on his representation, the prosecution said.
According to the prosecution, Then also falsely represented to Mr Ling on a separate occasion that Walkers could assist him to acquire a company incorporated in the United States and Mr Ling delivered US$50,005 to Then's company's bank account.