Jail for man who siphoned more than S$12.5 million of investor funds through fake wine investment scheme
SINGAPORE: A man behind a multimillion-dollar wine investment scheme that caused investors to lose more than S$14 million (about US$10.9 million currently) was jailed for seven years and two months on Thursday (May 22) after being on the run for 13 years. Eldric Ko, 51, was the CEO of Premium Liquid Assets (PLA), which he