Money laundering network arrested: luxury cars, expensive bags, watches and…
The raid on a money laundering gang in Singapore went down in the history of the country…
In the operation, which is one of the largest raids in the country’s history, 10 people were arrested. Cypriots, Turks, Chinese, Cambodians and Vanuatians were claimed to be part of the gang, which also included 9 men and one woman.
A large number of expensive watches were seized.
On the other hand, it was reported that 8 people who were determined to be gang members escaped and the search continues. The statement indicated that around $1 million was seized. Singapore Police also showed the gang’s money laundering methods.
Bags and accessories produced by luxury brands with special designs were seized.
The Singaporean authorities also shared the seized goods, vehicles and accessories with the public. “None of the detainees have been determined to be Singapore citizens or have permanent residence in Singapore,” the statement said.
A photo of one of the seized vehicles was shared.
Sharing the breakdown of those seized with the public, authorities announced that a large number of luxury wristwatches, luxury sports cars, and specially designed handbags, jewelry, and accessories were seized. The statement indicated that cash was also seized in bundles.
Source: Sozcu
Sharon Rock is an author and journalist who writes for 24 News Globe. She has a passion for learning about different cultures and understanding the complexities of the world. With a talent for explaining complex global issues in an accessible and engaging way, Sharon has become a respected voice in the field of world news journalism.
