Singapore CAD, MAS launch joint probe into CoAssets group companies

Share This Post

(The Straits Times)

Various companies under CoAssets, a financial firm accused of misconduct by its clients, are being jointly investigated by the Commercial Affairs Department (CAD) of the Singapore Police Force and the Monetary Authority of Singapore (MAS) for possible offences under the Penal Code and the Securities and Futures Act.

In a statement issued on Monday (Feb 1), CAD and MAS said the joint investigation, launched on Jan 12, stems from complaints and feedback received from members of the public regarding suspected misconduct by CoAssets group companies.

Subscribe To Our Newsletter

Get updates and learn from the best

More To Explore

Do You Want To Boost Your Business?

drop us a line and keep in touch

Scroll to Top