liable to be an offense under other laws, the SEC has a procedure for coordinating with relevant agencies for further proceedings. ___________________________

commencement of the criminal proceedings, whereby the consideration of whether any person is guilty is subject to the inquiry official’s investigation, the public prosecutor’s prosecution, and the court’s

investigation and legal proceedings.   In any case, filing a criminal complaint commences the criminal justice administration process whereby the consideration of whether any person is guilty is under the inquiry

case may be. The SEC has therefore filed a criminal complaint against the 11 offenders with the ECD for consideration of further legal action. In addition, the SEC notified the legal proceedings under

sanction proceedings against Apichart, Eng and Supanee requiring each offender to  pay civil monetary penalty, disgorge the benefits of loss avoided from committing the offenses, and reimburse the SEC’s

further proceedings. ----------------------------- Note:  MAS Investor Alert List is available at http://www.mas.gov.sg/IAL.aspx?sc_q=onecoin

Section 89/7 in conjunction with Section 281/2 of the same act. For further legal proceedings, the SEC has ordered Mr. Suphanan to make clarification in this matter by 21 July. With regards to the

amendments, the SEC has reported the case to the Anti-Money Laundering Office (AMLO) for consideration of further actions.The filing of a criminal complaint is just the commencement of the criminal proceedings

imprisonment and fines. In case of activities liable to violation of other laws outside the SEC’s jurisdiction, the SEC will collaborate with the related agencies and authorities for further proceedings

offenders and informed the proceedings of both cases to relevant agencies for further consideration of enforcement under relevant laws.The SEC strongly urges investors to exercise discretion especially with