Finian Tan Testifies in Nickel Fraud Case

Finian Tan’s Involvement with Ng Yu Zhi

Introduction

Finian Tan, the founder and chairman of Vickers Venture Partners, met Ng Yu Zhi in August 2020. Ng Yu Zhi, a former employee of Vickers Venture Partners, allegedly ran a trading scam involving the theft of client funds.

Background on Ng Yu Zhi

Early Involvement with Vickers

Ng Yu Zhi was employed by Vickers Venture Partners, where he worked under the supervision of Finian Tan. It is alleged that during his tenure, Ng Yu Zhi engaged in suspicious activities that eventually led to the discovery of a trading scam.

Allegations and Consequences

The trading scam, which involved the theft of client funds, was allegedly orchestrated by Ng Yu Zhi. The extent of the scam and the amount of money involved have not been disclosed. As a result of the allegations, Ng Yu Zhi’s employment with Vickers Venture Partners was terminated.

Investigation and Aftermath

Investigation

Following the discovery of the scam, an investigation was conducted to determine the extent of the alleged wrongdoing and the parties involved. The investigation aimed to uncover the facts surrounding the scam and identify those responsible.

Outcome and Consequences

The outcome of the investigation and any subsequent actions taken against Ng Yu Zhi and Finian Tan are not specified in the provided information. However, it is known that actions were taken in response to the allegations.

Finian Tan’s Response

Statement or Action

There is no information available on a public statement made by Finian Tan regarding the incident or his actions following the discovery of the scam.

Conclusion

While the extent of Finian Tan’s involvement in the scandal is unclear, his meeting with Ng Yu Zhi in August 2020 marks a significant event in the timeline of the alleged trading scam. Further information on the actions taken by Finian Tan or the outcome of the investigation would provide a clearer understanding of the situation.

FAQs

Q: What is the nature of the scam allegedly run by Ng Yu Zhi?

A: The scam allegedly involved the theft of client funds through trading activities.

Q: Was Ng Yu Zhi employed by Vickers Venture Partners at the time of the alleged scam?

A: Yes, Ng Yu Zhi was employed by Vickers Venture Partners during the time of the alleged scam.

Q: What actions were taken against Ng Yu Zhi and Finian Tan?

A: The actions taken by Finian Tan and against Ng Yu Zhi are not specified in the provided information.

Q: Is Finian Tan implicated in the scandal?

A: The extent of Finian Tan’s involvement in the scandal is unclear based on the provided information.