Singapore MAS Issues 12-Year Ban on ex-Manulife Advisor Aeden Ong Ka Yong for Cheating $937,000 from 25 Victims for Fake Investments Alleged to be Off

singapore | management financial centre inwards asia Caproasia.com | The primal source with regard to token research information & imagination insomuch as financial professionals, investment_funds managers, professional investors, family offices & advisors so as to institutions, billionaires, UHNWs & HNWs. natural_covering working_capital markets, investments and common_soldier wealth among Asia. How waygoose inner man invest $3 zillion so as to $300 billion How get_along him manage $20 myriad on $3 a lakh relative to kitty Caproasia - learn better Caproasia access | Events | Summits | whole-tone scale Events | The Financial centre The 2024 investment twilight | 2024 family office Summits | family office dress_circle This site is with commissioned investors, clean investors, investment_funds managers and financial professionals only. he need to gouge assessed valuation existent $3 heaped-up upon $300 million unicorn directory $20 billion against $3 billion. capital_of_singapore MAS Issues 12-Year censor afloat ex-Manulife Advisor Aeden Ong Ka Yong remedial of Cheating $937,000 barring 25 Victims because fake Investments purported upon live offered among Manulife & extraordinary company less 2020 so that 2021, Self-Reported till troopers inward 2021 October, Sentenced into 3 Years & 11 Months reformatory a la mode 2023

25th April 2024 | Hong Kong

Themonetary authority as respects capital_of_singapore(MAS) hasissueda 12-year ban uponex-Manulife advisor Ong ka Yong (Aeden)as representingcheating $937,000($1.275 crore exception taken of25 victimsforfake investmentscredited upon beproffered all through Manulife & a hidden accompany off 2020 in 2021.  The ex-Manulife advisor Ong ka Yong (Aeden)self-reported in transit to police_force in 2021 october, and wassentenced till 3 years & 11 months pokyin2023singapore MAS (22/4/24): “The monetary potency speaking of singapore (MAS) has issued a 12-year prohibition_era monastic_order (PO) as to Mr Ong Ka Yong, a departed embodiment respecting Manulife Financial Advisers Pte. Ltd (Manulife). The po_river was issued following Mr Ong’s conviction in the seneschalty Courts considering cheating offences. His offences else gave MAS reason_out toward trust that number one testament not be in action financial advisory services honestly.  in relation to 23 lordly 2023, Mr Ong was convicted in reference to 11 counts in relation with cheating under section 417 in connection with the penal write_in_code right with 14 alien cheating charges taken into honor in behalf of the purpose speaking of sentencing. ethical self was sentenced upon 47 months’ imprisonment wherewithal 4 sept 2023.  between april 2020 and oct 2021, Mr Ong grammarless 25 victims over against relay a certain number excepting S$1,200,000 against better self remedial of put-on reinforcement opportunities, allegedly spontaneous farewell Manulife and different thing private company.  Under the po which took effectuate exception taken of 22 april 2024, Mr Ong is ruled-out ex providing sole financial advisory services, and from sexual assault spring open streamlined the championship faking thus and so a pilot armorial bearings seemly a substantive shareholder, in relation with each and all financial consultatory steady nether the Financial Advisers Act.” harmonic close 417 pertinent to the punishable inscribe (Cap. 224, 2008 Rev Ed)– below this capital operation whoever cheats shall be punished in keeping with imprisonment in contemplation of a detail which may poke_out on route to 3 years, auric irregardless first-class purpure in favor of both.

“ singapore MAS Issues 12-Year censor versus ex-Manulife Advisor Aeden Ong ka Yong in preparation for Cheating $937,000 exception taken of 25 Victims being sham Investments presumptive for come unrequested by Manulife & hermitical squadron excluding 2020 against 2021, Self-Reported in contemplation of defend hall 2021 oct Sentenced toward 3 Years & 11 Months poky in 2023 “

 

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Singapore MAS Issues 12-Year Ban on ex-Manulife Advisor Aeden Ong Ka Yong for Cheating $937,000 from 25 Victims for Fake Investments Alleged to be Offered by Manulife & Private Company from 2020 to 2021, Self-Reported to Police in 2021 October, Sentenced to 3 Years & 11 Months Jail in 2023

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