NG YU ZHI’S lawyer on Nov 29 accused investor Veronica Shim Wai Han of caring only about generating income from his client’s nickel investment scheme, and not about whether the underlying transactions ...

SINGAPORE: Ng Yu Zhi, the businessman at the heart of an alleged nickel investment fraud involving almost S$1.5 billion (US$1.17 billion), declined to testify in his case on Monday (Jul 7).

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. The new charge stated that he attempted to sell a ...

Prosecutors alleged that Ng Yu Zhi’s Ponzi scheme, which promised attractive profits from nickel trading, was “pure fiction” that duped 947 investors of almost $1.5 billion.

SINGAPORE — The trial of Ng Yu Zhi, who is accused of masterminding a nickel-trading scam that attracted $1.46 billion from hundreds of investors, came to an end on Monday (July 7) after he made ...

SINGAPORE: The High Court has ordered the private trustees handling the bankruptcy estate of alleged fraudster Ng Yu Zhi to accept a creditor's claim for S$12 million, which was previously rejected.

A 33-year-old Singaporean Ng Yu Zhi was charged in court earlier today for cheating. Ng is alleged to have scammed investors via a nickel investment scheme with at least $1 billion in funds involved.