2 million .
Victor Soh Kwang Liang, 45, director of GTIC Holdings, was charged in Taipei on Monday for offences under Taiwan's Securities and Exchange Act and Banking Act. Prosecutors said he allegedly operated illegal schemes that promised high returns for investing in gold and precious metals, reported newspaper Taipei Times.
Eight others were charged along with Soh for similar offences, including his girlfriend Lo Lee-chee who goes by the name Syengnel Loh, according to GTIC's website, which lists her as general manager.Soh and Lo were reported to have obtained Taiwanese citizenship through long-term residency, and made profits of more than NT$70 million in Taiwan by offering shares of two unlisted GTIC companies in over-the-counter markets.
He has a registered address at an HDB flat in Woodlands, and was previously the director of a geomancy consultancy in 2013 and 2014.If you don’t like our faces, listen to our fortnightly podcast E-Junkies where we lepak one corner with famous people