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The Straits Times (7 Mar 2008), 2 Ex-Traders Fined $100k Each For Price Rigging

Two former stockbrokers who conspired to rig the prices of blue-chip stocks were each fined $100,000 yesterday. Siow It Loong, 43, and Chua Siew Lian, 40, pleaded guilty last week midway through their trial. They both faced two charges of market manipulation, which netted Siow a gross profit of $5,000 and a $7,000 gain for Chua. 

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Last updated on 12 March 2008
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