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Envy's Ng Yu Zhi slapped with 20 new charges linked to nickel trading fraud
Slapped with 20 more charges on Monday, bringing his total to 51, Ng Yu Zhi could be jailed for up to 10 years and fined for each count of cheating.
The director of Envy Asset Management and Envy Global Trading has allegedly raised at least S$1 billion from investors for fake deals related to nickel trading.