Australian-founded technology company YuuZoo is under police investigation in Singapore over allegations it breached the country’s Securities and Futures Act.
Co-founded by Australian tech entrepreneur Ron Creevey and former Nokia Asia Pacific chief executive Thomas Zilliacus in 2007, the Singapore-listed company claims to make “social e-commerce networks” for brands.
According to The Straits Times, the company’s Singapore headquarters were raided …
Thomas Zilliacus, YuuZoo’s co-founder and current chief executive officer, has handed over his passport to the CAD, the Straits Times reported.
