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Singapore bans ex-DBS wealth manager for cheating clients

The Monetary Authority of Singapore has banned a former DBS wealth manager from providing any financial advisory services for 10 years following his conviction for defrauding clients. Loh Thim Mun Marcus was found guilty of cheating seven clients into transferring S$490,000 to his personal bank account between October and November 2018. The regulator said Loh had falsely informed some of…

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