John Soh Chee Wen Wife: Meet Lau May Foong

John Soh Chee Wen Wife: Meet Lau May Foong – In this piece you will get to know all about John Soh Chee Wen wife.

But then who is John Soh Chee Wen? John Soh Chee Wen, the mastermind of Singapore’s largest case of stock market manipulation, which wiped away approximately S$8 billion in market value in October 2013, was sentenced to 36 years in prison, while his co-conspirator Quah Su-Ling was sentenced to 20 years.

Many people have been inquiring a lot about John Soh Chee Wen’s wife and making various researches about her on the internet.

This article talks about John Soh Chee Wen’s Wife and everything there is to know about her.

Biography of John Soh Chee Wen

Datuk John Soh Chee Wen, sometimes known as ‘Soh Chee Wen,’ is a well-known Chinese businessman in Malaysia.

He was a former PKR political leader who is reported to have funded many of the party’s activities and funds.

On Wednesday, December 28, John Soh Chee Wen, the mastermind of Singapore’s largest case of stock market manipulation, which wiped away approximately S$8 billion in market value in October 2013, was sentenced to 36 years in prison, while his co-conspirator Quah Su-Ling was sentenced to 20 years.

Quah Su-Ling, his ex-partner and collaborator, was sentenced to 20 years in prison. Quah, 57, was previously the CEO of IPCO International, which was listed on the Singapore Exchange (SGX).

Soh and Quah were convicted on 180 and 169 offenses, respectively, following a nearly 200-day trial that included close to 100 prosecution witnesses.

Quah and Soh illegally inflated the share prices of three penny stocks: Blumont, Asiasons, and LionGold, between August 2012 and October 2013.

They had control over, got funds for, engaged in illegal trading in, and coordinated their use of 189 securities trading accounts. These accounts were held in the names of 60 persons and entities at 20 financial institutions.

Soh, 63, has been held in custody since November 2016, while Quah, 58, the former CEO of Singapore Exchange-listed IPCO International (now renamed Renaissance United), is out on S$4 million bail.

Prosecutors sought consecutive terms for 11 of the 180 accusations against Soh (three of fraudulent trade, three of deception, two of cheating, and three of tampering) and a total penalty of 40 years in prison.

The prosecution sought consecutive sentences for six offenses (two false trade charges, three deception charges, and one cheating charge) against Quah, who was convicted on 169 charges, and an aggregate term of 19-and-a-half years in prison.

John Soh Chee Wen Wife: Is John Soh Chee Wen Married?

Is John Soh Chee Wen married? John Soh Chee Wen married Lau May Foong. Sadly, Lau passed away on August 13, 2011 at Singapore Hospital after suffering cancer complications.

Source: Ghgossip.com