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Ng Yu Zhi faces another 18 charges; allegedly swindled 2 investors out of S$20 million
Ng's new set of charges allege that he duped an investor Nai Soo Tong twice into parting with a total of S$11 million and US$1.8 million over 5 months to buy receivables for the sale of London Metal Exchange-registered nickel briquettes.