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Will Wall Street And Main Street Join Forces To Short Robinhood s Newly Listed Stock
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Robinhood stocks tanks 8 4% on its highly-anticipated public debut | FinancialContent Business Page
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Robinhood Suffers Worst Big IPO Debut Ever As Dollar Dumps To 1-Month Lows
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Ng Yu Zhi, 34, was responsible for outflows of S$475 million (US$352 million) from his Envy Group of companies, according to a report by court-appointed judicial managers for the firms. The report was distributed to investors and seen by Bloomberg News. That compared with confirmed net inflows of S$841.5 million from investors, the report said, adding the tracing of fund flows is ongoing.
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Try refreshing your browser, or Singaporean allegedly swindled $352 million for jet-set life in country s largest fraud case Back to video
Ng spent about S$2 million a month to fund his lifestyle, which included the services of a butler and chauffeur, and expenditure on alcohol, hotel rooms and at fine dining restaurants, the report showed. He made “significant monetary gifts to close associates,” it said.