{
  "id": 6392719,
  "title": "CEO of luxury car distributor Eurosports Global fined for false share trading",
  "url": "https://urgent.news/2026/09/09/ceo-of-luxury-car-distributor-eurosports-global-fined-for-false-share",
  "topic": "world",
  "section": "World",
  "published": "2026-09-09T06:25:46.000Z",
  "source": {
    "name": "CNA - Singapore",
    "slug": "cna-singapore",
    "url": "https://www.channelnewsasia.com/singapore/eurosports-global-ceo-fined-false-trading-6372031"
  },
  "original_language": "en",
  "account": "Singaporean businessman Goh Kim San, also known as Melvin Goh, has been fined S$210,000 (US$166,110) for three counts of false share trading by a court on September 9. The CEO of luxury car distributor Eurosports Global instructed others to conduct trades in the company's shares over a period of three years. Goh pleaded guilty to the charges under the Securities and Futures Act and would have faced up to seven years in jail if he had failed to pay the fine. He was motivated by vanity and a dislike of the flat-lined appearance of inactive share counters, rather than deception.",
  "summary": "Goh Kim San's lawyers said the CEO acted out of \"vanity, not deception\" as he disliked the sight of the flat lining of an inactive share counter.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}