Singapore police probes Chinese family office alleged fraud

Authorities cite investigations into 'criminal breach of trust' amid $55m scandal

20250321 Singapore view

A regional financial hub, Singapore is home to many wealthy people's family offices. © Reuters

DYLAN LOH

SINGAPORE -- Singapore police have launched a probe into a massive case of alleged internal fraud in a family office owned by a rich businessman from China, local authorities told Nikkei Asia, as potential criminal prosecution lies ahead.

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