From 2005 to 2009, Oh worked as a dealer at brokerages UOB Kay Hian, Credit Suisse Securities (Singapore) and Citigroup Global Markets Singapore Securities where he honed his stock market trading skills.
He was also a web developer and had been unemployed since 2018.
其次，告他的不是IG,而是SGX发现然后转给警察局和MAS
The police said on Oct 29 that Oh’s conviction was the result of a joint investigation carried out by the Commercial Affairs Department (CAD) of the Singapore Police Force and the Monetary Authority of Singapore (MAS), following a referral from the Singapore Exchange Regulation.
最后，其他几个类似的案例
In March 2017, former DBS Vickers trader Dennis Tey Thean Yang was sentenced to 16 weeks in prison for spoofing the securities market and making a profit of $30,239 from his illicit trades.
It was the “first conviction of market misconduct under the joint investigation arrangement with the CAD”, MAS said in a statement then after Tey’s sentencing.
The second case occurred in July 2021 when former account manager Ee Cho Lian was sentenced to six weeks’ jail and fined $30,000 for 107 false orders and 60 spoof trades where he made a profit of $24,196.
Oh’s conviction and sentencing is the third such reported case, and his illegal $255,385 profit is the largest amount so far.
