The Eastern Magistrates’ Courts has approved the Department of Justice’s request to transfer a securities fraud case involving Ms. Chan Sin Ying to the District Court. Chan, a fugitive surrendered from Singapore on October 3, 2024, is accused of being a key member of a ramp-and-dump syndicate. She was charged with conspiracy to defraud in securities transactions. Chan’s case will be consolidated with those of other suspects in the scheme at a District Court hearing on November 28, 2024. Despite earlier bail rejections, she was granted bail on October 17, 2024, under strict conditions, which were upheld today.
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