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34-year-old man linked to one of Singapore's biggest investment scams gets 12 more charges

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SINGAPORE - A businessman allegedly linked to one of Singapore's biggest investment fraud schemes has been handed 12 more charges and is now accused of using more than $2.4 million of his purported ill-gotten gains for items including partial payments of two luxury cars- a Bentley Mulsanne and a Porsche Boxter. Singaporean Ng Yu Zhi, who was charged on Monday...

The Straits Times file

The 34-year-old Singaporean now faces more than 100 charges in all for offences including multiple counts of cheating. In August last year, the High Court approved the winding up of Envy Global Trading and its sister firms.

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