Torque founder faces $12m lawsuit from Greek investor

S'porean Bernard Ong accused of breaching corporate guarantee for millions of dollars

Mr Bernard Ong (left) has denied the claims of Mr Georgios Baizanis (right). PHOTOS: TORQUESUPERWALLET.ASIA/YOUTUBE, GEORGIOS BAIZANIS
New: Gift this subscriber-only story to your friends and family

A Singaporean businessman dealing with the failure of his cryptocurrency trading firm now finds himself entangled in a US$9 million (S$12 million) lawsuit relating to a company he worked for.

Greek investor Georgios Baizanis has accused Mr Bernard Ong of breaching a corporate guarantee for millions of dollars in investments placed with the firm Snap Innovations.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on July 03, 2021, with the headline Torque founder faces $12m lawsuit from Greek investor. Subscribe