Company director misappropriated over $1.1m from investors

  • 📰 thenewpaper
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

A company director was sentenced to six years’ jail on Monday for misappropriating more than $1.1 million of his...

According to court documents, Goh’s father, Goh Toh Heng, 79, who had represented himself as a director of an Indonesia-incorporated company called PT Abby Resources Minerals, is linked to the case.Between December 2014 and July 2016, PT Abby offered investment schemes marketed by Prosperity Ventures to investors in Singapore.

The investment agreements assured investors of a guaranteed return of the principal sum at the end of the investment periods. Among other things, the agreement falsely represented that PT Abby owned two Indonesian plantations, and that it was the sole owner of the teak trees.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 7. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Shopee's parent company, Sea, expanding investments in Malaysia, creating 2,000 jobsSingapore-based Sea will also open a cloud computing project in the Johor town of Kulai. Malaysia government need to create 100,000 jobs.
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »

$11.8m in cold, hard cash: Chinese company gives employees hefty bonuses using 'mountain of money'We've heard of companies rewarding employees with massive bonuses, but giving out the money in cold, hard cash? In China, employees recently took turns to go on stage and collect their year-end bonus from a two-metre-tall 'mountain' containing 61 million yuan (S$11.8 million) worth of banknotes. This was the scene of a viral video posted on Jan 17, which has...
출처: asiaonecom - 🏆 10. / 59 더 많은 것을 읽으십시오 »

Who is India's Adani and why is his company tanking?MUMBAI: The business empire of Gautam Adani has shed tens of billions of dollars in value on the back of a report alleging accounting fraud that the Indian tycoon's firm has strenuously rejected. Who is Gautam Adani? Adani, 60, is a publicity-shy school dropout of humble origins wh
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »