Ng Yu Zhi (born c. 1987), [1] also known as Ng You Zhi, [2] [3] is a Singaporean alleged con artist and fraudster. The former director of Envy Global Trading, he was charged in March 2021 with running the largest Ponzi scheme [1] in the history of Singapore, worth about S$1.5 billion.

4 days ago · SINGAPORE – Over six months, alleged fraudster Ng Yu Zhi spent nearly $7 million buying eight high-end cars, most of which were given to his wife and three girlfriends. The cars included two ...

Over six months, alleged fraudster Ng Yu Zhi spent nearly $7 million buying eight high-end cars, most of which were given to his wife and three girlfriends.

4 days ago · SINGAPORE: Over six months, alleged fraudster Ng Yu Zhi spent nearly S$7 million (US$7.31 million) buying eight high-end cars, most of which were given to his wife and three girlfriends.

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.

4 days ago · Car dealer who sold over S$8 million in luxury vehicles, registration plates to Ng Yu Zhi takes the stand This is a small fraction of what Ng allegedly spent on cars, with court documents showing ...

Dec 5, 2024 · Ng Yu Zhi stands trial for allegedly orchestrating Singapore’s largest Ponzi scheme that defrauded nearly 1,000 investors.

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 venture...

Nov 26, 2024 · SINGAPORE – Businessman Ng Yu Zhi, who is accused of perpetrating a billion-dollar fraudulent nickel investment scheme through his companies Envy Asset Management and Envy Global Trading, went on...

Nov 27, 2024 · SINGAPORE: Alleged fraudster Ng Yu Zhi "lived lavishly" on the criminal proceeds from the S$1.5 billion (US$1.1 billion) nickel investment scheme he masterminded, prosecutors told a High Court...