Singaporean Man Linked to Murder Victim Had Ownership Stake in Six Companies, Spanish Police Investigate Possible Financial Motive

Madrid, Spain – According to the Accounting and Corporate Regulatory Authority (ACRA), Ong is listed as the owner or shareholder of six companies, including insurance and financial management firms, as well as educational support and computer equipment-related services. However, records indicate that five of these companies have been deregistered, with only one still in operation. Ong’s lifestyle, as depicted on his Instagram account, shows his attendance at global rave festivals like Tomorrowland in Belgium and the Electric Daisy Carnival (EDC) in Las Vegas, along with frequent gym visits and overseas travel.

Information provided by Spanish police suggests that Ms. Fang and Ong’s mobile phones were in the same location on the day she died in Abanilla. It was clarified that there was no evidence of sexual assault and that the two individuals had a longstanding acquaintance. The possibility of an “economic motive” for the crime was raised due to reports of Ms. Fang transferring money to an unknown individual.

Ong is currently in custody as investigations continue into the circumstances surrounding Ms. Fang’s death in Spain. It is essential for authorities to delve deeper into the financial transactions between Ms. Fang and the unidentified third party, as it may shed light on the motive behind the tragic event.

As the case unfolds, Ong’s past business dealings and lifestyle choices are being scrutinized to better understand his possible connection to Ms. Fang’s death. The investigation into the remaining operational company listed under Ong’s name could potentially reveal further details that may aid in solving the mystery surrounding the incident in Abanilla.

The developments in this case highlight the importance of thorough background checks on individuals involved in criminal investigations, as their business ventures and personal activities can offer significant clues to their motives and actions. Authorities are urged to continue examining all aspects of Ong’s life to uncover the truth behind Ms. Fang’s untimely demise and ensure that justice is served.