Singapore—A ‘wunderkind’ trader was charged last month with four counts of fraud for allegedly raising at least S$1 billion on nonexistent commodity trades, which he spent on a Pagani Huarya supercar, a three-story villa, and other such luxuries. Ng Yu Zhi, 33, amassed a fortune on lies to investors, reports Bloomberg.. According to the police, … Continue reading SG trader charged with fraud financed posh lifestyle with S$1 billion  worth of lies