1 billion in alleged fraud case (Former: Fat boy screwed her of S$48 million)

[syed putra]

If Jho Low could screw entire countries, I'm sure this fat boy could also screw a few 'financial consultants'.

Perhaps being chubby garners trust... you're a cute and cuddly bear or a jolly Laughing Buddha. So people lower their guard, since you're not perceived to be a threat.

Still not up to jho low's standard. Jho low manage to screw hollywood stars.

 

[mahjongking]

do you guys agree that cheat this so big amounts, should be a bullet to the head straightaway, then nobody will dare
but on the other hand, greed fucked up the investors, so who to blame?

$1,000,000,000 can feed a lot of poor people

 

[batman1]

I don't understand this case... So this bitch is being investigated for what?

Singapore businessman Ng Yu Zhi cheated her S$48 million.

 

[Fatboy]

This fatboy is very cute! feel like pinching his cheeks

 

[nayr69sg]

No doctors cheated?

 

[Scrooball (clone)]

Of the $1 billion invested in the companies between October 2017 and last month, about $300 million was allegedly transferred to his personal account.

He has swindled AT LEAST $300 million. Even if he gets sentenced to 30 years of jail, he is still getting $10 million per year. Crime doesn't pay eh?

 

[nayr69sg]

He has swindled AT LEAST $300 million. Even if he gets sentenced to 30 years of jail, he is still getting $10 million per year. Crime doesn't pay eh?

World class talent.

 

[dredd]

This fatty found out early in life the 4 things that will get people to eat out of your hands, no matter how great or wise they are - Greed, lust, fear and redemption.

But alas... he came up against the MIW and learnt the hard way that they are even greater proponents of getting people to eat out of their hands and they don't like competition.

 

[SirRichard]

I'm surprised that he even managed to get successful venture capitalist Dr Finian Tan of Vickers Ventures and other asset management company to invest into him. Don't they have strict DD before investing into this ah pui company?

 

[SirRichard]

Ah pui must be damn clever to be able to con these successful man from investment and business field - Other notable names allegedly cheated by Ng include the chairman of Vickers Capital Group Finian Tan and chief executive officer of Chuan Hup Holdings Terence Peh. The charge sheets state that the investment professionals were swindled of US$19.2 million (S$25.8 million) and $3 million respectively.

 

[mahjongking]

I'm surprised that he even managed to get successful venture capitalist Dr Finian Tan of Vickers Ventures and other asset management company to invest into him. Don't they have strict DD before investing into this ah pui company?

ah bui must be super generous to them, everything was fine until something went wrong, then you blame me i blame you
these people are not stupid to trust fatty, but they probably have lots of under table money

 

[SalahParking]

hahahaha...all the PAP porlumpars kena con. Why? All fucking greedy cheebyes and lanjiaos. Now you know how deals are done by insiders. Now kena screwed themselves, buay song. kao peh kao bu. wahhaha

 

[dredd]

He has swindled AT LEAST $300 million. Even if he gets sentenced to 30 years of jail, he is still getting $10 million per year. Crime doesn't pay eh?

Its the end of the road for this fatty. Even after getting out in 30 years, he will not see a cent of the ill-gotten millions. Not only him but all his friends and loved ones will be under the radar for quite a while...

 

[mahjongking]

hahahaha...all the PAP porlumpars kena con. Why? All fucking greedy cheebyes and lanjiaos. Now you know how deals are done by insiders. Now kena screwed themselves, buay song. kao peh kao bu. wahhaha

and when everything went well, all keep quiet and nobody knows about their corrupt doings

 

[LITTLEREDDOT]

I'm surprised that he even managed to get successful venture capitalist Dr Finian Tan of Vickers Ventures and other asset management company to invest into him. Don't they have strict DD before investing into this ah pui company?

Likely Fat Boy dangled the promise of reciprocity. "I am also an investor in venture capital. If you invest in my nickel trading fund, I may also invest in your VC funds."

 

[SalahParking]

don't blame the fat boy alone. I assume it was operating as part of Shim's private client business. They all got in on a deal too good to miss. wham bam thank you mam.

 

[dredd]

Likely Fat Boy dangled the promise of reciprocity. "I am also an investor in venture capital. If you invest in my nickel trading fund, I may also invest in your VC funds."

You may be right. If you show someone real hard evidence of having a billion sitting somewhere, even the most savvy of all investors will succumb and bow before you. "Never mind where it came from" is apparently the mindset that got the farkers into shit in this case.

 

[SalahParking]

nickel is EV play. and Tesla play. Going into nickel isn't a wrong bet. I am going into rare earths myself.

 

[cocobobo]

I'm surprised that he even managed to get successful venture capitalist Dr Finian Tan of Vickers Ventures and other asset management company to invest into him. Don't they have strict DD before investing into this ah pui company?

These rich humans think they are 'maverick' investors. High risk high return. Pass DD means will bring risk level to low. Early days Bitcoin will not pass conventional DD.

 

[laksaboy]

Selling get-rich-quick schemes has been around for quite a while.