Alleged nickel trading scammer Ng Yu Zhi hit with money laundering-related charge, remanded longer

Alleged nickel trading scammer Ng Yu Zhi hit with money laundering-related charge, remanded longer

The Straits Times - Singapore·2024-01-31 16:00

SINGAPORE - Accused nickel trading scammer Ng Yu Zhi has been hit with one new charge on Jan 31, and remains in remand for another week for a further probe on his alleged involvement in money laundering-related offences involving “many parties”.

According to Wednesday’s charge, Ng has been accused of trying to sell a shophouse at 13 Bussorah Street, which he had allegedly acquired with criminal proceeds, for $500,000 to a Gan Wee Pin in October 2023.

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