Despite Singapore's strict regulations to prevent money laundering through real estate, property transactions remain attractive for criminals looking to wash dirty money, said lawyers and property consultants
Eleven more properties were issued with prohibition of disposal orders in the billion-dollar anti-money laundering case involving foreigners from Fujian, said the Singapore police yesterday.
Ten people were charged yesterday after police conducted simultaneous raids across Singapore as part of an investigation into money laundering and forgery offences
In one of the biggest anti-money laundering operations, the Singapore Police Force rounded up a group of foreigners who had amassed about S$1 billion worth of assets there.
Despite Singapore's strict regulations to prevent money laundering through real estate, property transactions remain attractive for criminals looking to wash dirty money, said lawyers and property consultants
Eleven more properties were issued with prohibition of disposal orders in the billion-dollar anti-money laundering case involving foreigners from Fujian, said the Singapore police yesterday.
Ten people were charged yesterday after police conducted simultaneous raids across Singapore as part of an investigation into money laundering and forgery offences
In one of the biggest anti-money laundering operations, the Singapore Police Force rounded up a group of foreigners who had amassed about S$1 billion worth of assets there.
