How a Singapore trader allegedly defrauded investors of $740m

Ng Yu Zhi was able to raise huge sums of money by touting average quarterly gains of 15%

epa09134691 A woman takes a photograph of the Merlion statue in Singapore, 14 April 2021. The Ministry of Trade and Industry reported that the Singapore economy grew 0.2 percent for the first quarter of 2021, an increase from the contraction of 2.4 percent recorded in the previous quarter. The manufacturing and construction industries both recorded the highest percentage increases.  EPA/WALLACE WOON
Powered by automated translation