SINGAPORE - A businessman who wanted to buy an offshore bank and use its licence to set up a cryptocurrency-friendly bank in Singapore has alleged that a then lawyer involved in the deal misappropriated about $8 million raised for the deal.
Mr Andrew Ling, 40, claimed that Then Feng, 39, who was then working at global law firm Walkers, fraudulently misled him into depositing the money in a company called Walkers Professional Services (WPS).
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