Fresh charges, US$15 million in secret funds emerge at Ng Yu …
Feb 7, 2024 · NG YU Zhi, the alleged nickel-trading fraudster at the centre of a US$1.1 billion scam, has had another two charges, one each for forgery and money laundering, laid to his name. He is suspected of having committed these offences when he tried selling a property said to have been bought with criminal proceeds.
Alleged billion-dollar nickel trading scammer Ng Yu Zhi fails to …
Nov 22, 2024 · Ng, the founder of Envy Global Trading and Envy Asset Management, faces 105 criminal charges for his alleged involvement in a nickel trading scam that allegedly cheated investors out of US$1.1...
S$1.5b Envy Global fraud case: Ex-director's bail raised to S$6
Jan 19, 2023 · Ng Yu Zhi, former managing director of Envy Global Trading, is accused of being involved in a scheme that cheated investors of about US$1.1 billion (S$1.5 billion).
Cars, art, property: Ng Yu Zhi allegedly lived lavishly on gains from ...
Nov 27, 2024 · SINGAPORE - Prosecutors on Nov 27 set out their case against businessman Ng Yu Zhi, accusing him of masterminding a scheme that had 947 invest a total of $1.46 billion in a nickel trading...
Liquidators seeking to recover $855m from alleged nickel trading ...
Jul 31, 2024 · SINGAPORE – The civil trial of a case brought by liquidators against Ng Yu Zhi, the alleged nickel-trading fraudster at the centre of a $1.5 billion nickel trading scam, and three others began...
Prosecutors detail lavish lifestyle of alleged fraudster Ng Yu Zhi in …
Nov 27, 2024 · Prosecutors unveiled claims today that Ng Yu Zhi, the alleged mastermind behind a S$1.5 billion (US$1.1 billion) nickel investment scheme, lived extravagantly off the criminal proceeds from his operations.
S$1.5b Envy Global fraud case: Ex-director gets new charge of
Feb 2, 2024 · Ng Yu Zhi, a 36-year-old Singaporean who was formerly managing director at Envy Global Trading, is accused of trying to launder a sum of S$500,000 (US$372,800) through the sale of a shophouse...
Envy liquidators take trio to court with S$850 million claim in …
Jul 30, 2024 · THE nickel trades that were part of a purported Ponzi scheme allegedly perpetrated by Ng Yu Zhi attracted about S$1.5 billion in funds from investors that included financiers and lawyers. About S$854 million is still owed to them.
Singapore businessman Ng Yu Zhi faces trial over US$1.1 billion …
Nov 26, 2024 · An ex-accountant accused of running a billion-dollar nickel scam that rocked Singapore’s business community is on trial on Tuesday on more than 100 charges related to fraud and money laundering....
Ng Yu Zhi handed new charge for trying to sell shophouse …
Jan 31, 2024 · BUSINESSMAN Ng Yu Zhi, who is allegedly involved in a US$1.1 billion nickel trading scam, was on Wednesday (Jan 31) slapped with one new charge.