Why are money launderers leaving Singapore?

Singapore seizes, freezes assets worth $1.76 billion in money laundering case

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During the operation police arrested 10 foreign nationals – from China, Turkey, Cambodia, Cyprus and Vanuatu – members of a group suspected of laundering money derived from overseas criminal activities, including scams and online gambling.

Documents containing information on bank accounts, cash, virtual assets, properties, vehicles and luxury items such as bags and watches were seized during the raid.

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