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SAWA Crypto Fund Syndicate Protocol is Giving Investors Access to Seed Rounds with Minimum Investment

pandora
3 minutes

Road Town, BVI / January 3, 2022 /SEAPRWire / – SAWA Crypto Fund Syndicate Protocol, a brainchild of Private Launch Crypto Venture and a transparent and safe way of participating in a public sale, has announced its decision to offer investors access to seed rounds with minimum investment. The company is designed to give prospective investors early access to fundamental projects, setting them on the path of becoming venture investors of top crypto projects. SAWA Crypto Fund Syndicate Protocol dispels the need for investors to search for projects, accounts, and nodes, it simply offers them early-stage access to protocols at an initial price. While there are a plethora of similar brands, they require users to deposit enormous sums to get an allocation of emerging projects. Recognizing this major sticking point, SAWA Crypto Fund Syndicate Protocol analyzes a project’s prospects for return on investments before recommending it to investors. In the last couple of years, the crypto market has witnessed a remarkable surge in interest and adoptions, from the integration of crypto into PayPal to the streamlined facilitation of crypto-fiat payments, and most recently, the incorporation of dig...

SeaPRwire

SkillsFuture scam: Key syndicate member sentenced to jail for 11 years and one month

aseanpr
3 minutes

SINGAPORE - Another key member of a syndicate which duped SkillsFuture Singapore (SSG) into wrongfully disbursing over $40 million was dealt with on Wednesday (Aug 18). Andy Quek Sze Leng, 41, was sentenced to jail for 11 years and a month over his role in the largest case of fraud perpetrated against a public institution in Singapore. The former Grab and Uber driver had earlier pleaded guilty to 21 charges which included cheating and laundering the criminal proceeds. Another 49 charges, including for similar offences, were taken into consideration during sentencing by District Judge Chay Yuen Fatt. The scam saw the syndicate use nine shell companies to submit bogus SkillsFuture claims to SSG. Under the scheme, a Singapore business entity that sends its employees for skills-training courses with registered training providers can apply to SSG for a subsidy, if certain conditions are met. This means a portion of the total course fee payable by the business entity to the training provider will come from the Government. Depending on the claim method used, subsidies are paid to either the training provider or the employer. Between May and October 2017, the shell companies submitted a to...