Rich Chinese alleges family office staff misused $74 million

Rich Chinese alleges family office staff misused $74 million

Yahoo - SG·2025-03-19 09:01

By Yoojung Lee

(Bloomberg) — An ultra-high net worth Chinese businessman is suing four former staff in Singapore for allegedly misappropriating $74 million (US$56 million), underscoring the vulnerabilities of certain family office structures.

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