SINGAPORE (Nov 25): The state prosecutor has accused ‎John Soh Chee Wen and Quah Su-Ling of being the masterminds of a share manipulation scheme behind the Oct 2013 penny stock crash.

The third person who was arrested with them, Goh Hin Calm, is accused of acting as a "key assistant" by helping them manage their bank and trading accounts used to manipulate shares.

Soh has been charged with 181 offences under the Securities and Futures Act.

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