John Soh trial: Witness Ken Tai admits to cheating alleged masterminds, making millions of dollars in market manipulation scheme

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SINGAPORE (Jan 2): Returning to the stand on Thursday for the third tranche of the trial of alleged 2013 penny stock crash, masterminds John Soh Chee Wen and Quah Su-Ling, prosecution witness Ken Tai Chee Ming again admitted to cheating the duo and making millions of dollars for himself.

Once part of Soh’s “inner circle” of brokers and remisiers, Tai had already admitted to manipulation of the stock market for his own gain in the second tranche of the trial in October last year.

However, Tai later claimed he only confessed to make Soh’s lawyer “happy”, after a protracted and frustrating back-and-forth questioning.

Tai’s cross-examination has been put on hold until...(click on link for full story on