macrosszero Turbocharged August 17, 2023 Share August 17, 2023 On 8/17/2023 at 12:33 AM, Fcw75 said: More info. https://mothership.sg/2023/08/police-1billion-money-laundering-raid-details/?fbclid=IwAR2Oke7ZrkS0GdHcHgbm3QekqQxJbsxamMlj08IKPGEbAlPbdHt-FfYLfEo_aem_AQF2XpKZP8KT-jK0kZFGMmEYNzhx3ZdDnGH_34BzBFPo6uHMKrkAvAFtkealvG_PZSE&mibextid=Zxz2cZ Mind boggling. Expand Regardless of nationality, all with Chinese names. Citizenship for convenience, wonder if any one of them also got Singapore passport, because you typically cannot own landed in Singapore without a passport. On the other hand, now we know which countries have lax immigrations where you can buy a passport in case you need to run road… ↡ Advertisement 1 1 Link to post Share on other sites More sharing options...
Spidey10 Supercharged August 17, 2023 Share August 17, 2023 On 8/16/2023 at 1:27 PM, Mkl22 said: Do more this cheong kong and then hopefully can maintain 9% GST for longer. $1B into piggy bank! Huat Ah! Expand I think the police might have been monitoring them for sometime....and when the value hits 1 B.....Then start the cheong kong....get big fish rather than small ones.... 1 time sapu everything... 6 Link to post Share on other sites More sharing options...
Fcw75 Hypersonic August 17, 2023 Share August 17, 2023 (edited) On 8/17/2023 at 12:45 AM, Macrosszero said: Regardless of nationality, all with Chinese names. Citizenship for convenience, wonder if any one of them also got Singapore passport, because you typically cannot own landed in Singapore without a passport. On the other hand, now we know which countries have lax immigrations where you can buy a passport in case you need to run road… Expand None of them are Singaporeans or PR. All foreigners. Probably rented from GCB owners or use sinkie IC. Edited August 17, 2023 by Fcw75 Link to post Share on other sites More sharing options...
Fcw75 Hypersonic August 17, 2023 Share August 17, 2023 (edited) On 8/17/2023 at 1:03 AM, Spidey10 said: I think the police might have been monitoring them for sometime....and when the value hits 1 B.....Then start the cheong kong....get big fish rather than small ones.... 1 time sapu everything... Expand Who came last week and took off his tie ah? 🤪 Sever all ties? Edited August 17, 2023 by Fcw75 6 Link to post Share on other sites More sharing options...
Playtime Twincharged August 17, 2023 Share August 17, 2023 On 8/17/2023 at 1:04 AM, Fcw75 said: None of them are Singaporeans or PR. All foreigners. Probably rented from GCB owners. Expand maybe thats how you get to afford GCBs in the first place 🤣 Link to post Share on other sites More sharing options...
BanCoe Hypersonic August 17, 2023 Share August 17, 2023 In the old dayz Indons “ parked” their monies here , still doing but lesser now …. Now we have gone global 🤪 4 Link to post Share on other sites More sharing options...
Volvobrick Supersonic August 17, 2023 Share August 17, 2023 On 8/17/2023 at 12:33 AM, Fcw75 said: More info. https://mothership.sg/2023/08/police-1billion-money-laundering-raid-details/?fbclid=IwAR2Oke7ZrkS0GdHcHgbm3QekqQxJbsxamMlj08IKPGEbAlPbdHt-FfYLfEo_aem_AQF2XpKZP8KT-jK0kZFGMmEYNzhx3ZdDnGH_34BzBFPo6uHMKrkAvAFtkealvG_PZSE&mibextid=Zxz2cZ Mind boggling. Expand What surprises me is how they could open bank accts here. The KYC process is very (supposedly) onerous for foreigners. With Chinese nationals holding passports from questionable countries, the banks would have been double vigilant. Profits come first I guess. 1 Link to post Share on other sites More sharing options...
BanCoe Hypersonic August 17, 2023 Share August 17, 2023 Dubai is a bigger haven too , traditionally for South Asia / Africa , East bloc ,Russia but now some PRC are making inroads too 1 Link to post Share on other sites More sharing options...
mersaylee Hypersonic August 17, 2023 Share August 17, 2023 On 8/16/2023 at 2:12 PM, Kopites said: The confiscated sum stay or return to China? Expand By right is..by centre is...then there's the by left...😁 2 Link to post Share on other sites More sharing options...
D3badge 6th Gear August 17, 2023 Share August 17, 2023 On 8/16/2023 at 1:20 PM, Benarsenal said: Wow. They all got PRC passport. Expand Like all the DHL, ICA, SingPost, DBS, UOB, OCBC etc call I received all have PRC Chinese accents even when I press one for English！ Why huh? 😂 3 Link to post Share on other sites More sharing options...
Kklim Supercharged August 17, 2023 Share August 17, 2023 (edited) The lone woman the ringleader? One of them in Pinky's neighborhood 😙 Edited August 17, 2023 by Kklim 2 Link to post Share on other sites More sharing options...
D3badge 6th Gear August 17, 2023 Share August 17, 2023 On 8/16/2023 at 1:37 PM, ER-3682 said: How these People can buy GCB.?They are not Citizen,maybe Rent.? Expand All the rent about PRC paying $200k per month rental “glamorous” by the media 😁 Link to post Share on other sites More sharing options...
inlinesix Hypersonic August 17, 2023 Share August 17, 2023 On 8/17/2023 at 1:13 AM, Volvobrick said: What surprises me is how they could open bank accts here. The KYC process is very (supposedly) onerous for foreigners. With Chinese nationals holding passports from questionable countries, the banks would have been double vigilant. Profits come first I guess. Expand To the crooks, what is KYC? It is easily bypassed. Not forgetting they could “own” a leg@L firm. 1 Link to post Share on other sites More sharing options...
D3badge 6th Gear August 17, 2023 Share August 17, 2023 (edited) On 8/16/2023 at 3:06 PM, Benarsenal said: I suspect not so simple. I think this is a sign of XJP seriously cracking down on capital outflow from China post-Covid. Could be related to this: https://www.rfa.org/english/news/china/immigration-arrest-08112023103845.html Maybe that's why he send WY here. To tell us to drag all these people back. Expand WY is here because all these are his nominees lah! you deal with Chinese businessman the ACRA shows person A is the owner but person A and everyone else greet person B the 总！ 😂 Chinese business culture Edited August 17, 2023 by D3badge 1 10 Link to post Share on other sites More sharing options...
inlinesix Hypersonic August 17, 2023 Share August 17, 2023 Property owners should panicked now. These properties could be seized for illegal activities 1 5 Link to post Share on other sites More sharing options...
Throttle2 Supersonic August 17, 2023 Share August 17, 2023 On 8/17/2023 at 12:03 AM, Wt_know said: beh song liao … Expand This fella ah? I have scrolled into some of his videos. All clear cut grouses. One sided will little substance 1 1 Link to post Share on other sites More sharing options...
Sosaria Twincharged August 17, 2023 Share August 17, 2023 On 8/17/2023 at 1:13 AM, Volvobrick said: What surprises me is how they could open bank accts here. The KYC process is very (supposedly) onerous for foreigners. With Chinese nationals holding passports from questionable countries, the banks would have been double vigilant. Profits come first I guess. Expand Hard to say, some of the carribean island nations, due to their past as british colony, do have parts of the population that are of chinese or indian descent. The british brought in immigrants as labour in their colonies. So a chinese-looking person holding a passport from st kitts and nevis would not be out of place to banks that see international clients. Cypriot or Turk holding PRC passport will be a bit tough though 3 Link to post Share on other sites More sharing options...
Throttle2 Supersonic August 17, 2023 Share August 17, 2023 On 8/17/2023 at 12:45 AM, Macrosszero said: Regardless of nationality, all with Chinese names. Citizenship for convenience, wonder if any one of them also got Singapore passport, because you typically cannot own landed in Singapore without a passport. On the other hand, now we know which countries have lax immigrations where you can buy a passport in case you need to run road… Expand Hahaha, when this news came out, i thought to myself, offenders must be from China. then the news reported all sorts of nationalities until which the names revealed, i was right, right from the start. simi cyprus, turkey, nivanuatu , all bull lah. ↡ Advertisement 2 3 Link to post Share on other sites More sharing options...
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