Wt_know Supersonic November 19 Share November 19 (edited) forfeited money probably the "tip" only .... no scare no scare ... cabut home liao ... still got ... Edited November 19 by Wt_know ↡ Advertisement 2 Link to post Share on other sites More sharing options...
mersaylee Hypersonic November 19 Share November 19 On 11/19/2024 at 2:09 PM, Wt_know said: forfeited money probably the "tip" only .... no scare no scare ... cabut home liao ... still got ... Share share everybody happy...albeit small but to get the top cut is very good oredi...😁 1 Link to post Share on other sites More sharing options...
Wt_know Supersonic November 19 Share November 19 On 11/19/2024 at 2:17 PM, mersaylee said: Share share everybody happy...albeit small but to get the top cut is very good oredi...😁 expecting more vouchers to be given in next budget? it's a windfall leh ... 1 2 Link to post Share on other sites More sharing options...
inlinesix Hypersonic November 19 Share November 19 (edited) On 11/19/2024 at 1:03 PM, Atonchia said: Officially in Ah Gong's pocket now. https://www.channelnewsasia.com/singapore/billion-dollar-money-laundering-foreigner-suspects-forfeit-assets-state-police-4753766 Waste time. After all the manpower, the confiscated amount is less than 1% pt increase in GST. Edited November 19 by inlinesix 2 Link to post Share on other sites More sharing options...
Atonchia Supersonic November 19 Share November 19 On 11/19/2024 at 2:22 PM, Wt_know said: expecting more vouchers to be given in next budget? it's a windfall leh ... Just barely enough to cover those vouchers already given out. 😅 Probably give a bit more before next erection. 2 Link to post Share on other sites More sharing options...
Playtime Twincharged November 20 Share November 20 Billion-dollar money laundering case: 15 of 17 foreigners who fled Singapore agree to surrender S$1.85b of assets Wait... they already fled then still volunteer to pay?? Why? 2 Link to post Share on other sites More sharing options...
Volvobrick Supersonic November 20 Share November 20 On 11/20/2024 at 9:23 AM, Playtime said: Billion-dollar money laundering case: 15 of 17 foreigners who fled Singapore agree to surrender S$1.85b of assets Wait... they already fled then still volunteer to pay?? Why? So not to be on Interpol red list? 1 Link to post Share on other sites More sharing options...
Playtime Twincharged November 20 Share November 20 On 11/20/2024 at 9:27 AM, Volvobrick said: So not to be on Interpol red list? Ah... ic. Average 100M per head. 🤑 Then I'm gonna guess it's to buy freedom from China death sentence. Even if left 10M..... will be a good living if it gives them a clean bill to go to US. Xi bad won't be happy though 😆 1 Link to post Share on other sites More sharing options...
Hubwee Supercharged November 20 Share November 20 On 11/20/2024 at 9:23 AM, Playtime said: Billion-dollar money laundering case: 15 of 17 foreigners who fled Singapore agree to surrender S$1.85b of assets Wait... they already fled then still volunteer to pay?? Why? All assets in SG , dun give up also cannot … properties / cars / valuables and even bank account all in SG , make things easier for SG government to dispose and closed the case , win win for both .. 2 Link to post Share on other sites More sharing options...
bsswan 6th Gear November 20 Share November 20 On 11/19/2024 at 2:22 PM, Wt_know said: expecting more vouchers to be given in next budget? it's a windfall leh ... Cannot be..... It is illegal to use funds known to have come from scams, and other illegal activity. Government won't be allowed to do anything with it....... unless one law for one, one for another but that cannot be. https://www.straitstimes.com/singapore/courts-crime/store-fined-35k-after-its-workers-sold-jewellery-to-customers-who-bought-them-with-scam-proceeds#main-content Quote SINGAPORE – In a case involving the first prosecution under a new law aimed at addressing risks relating to money laundering, a business called Kim Heng Jewellers and Goldsmiths was fined $35,000 on Nov 19. Two employees of the store, located at People’s Park Complex in Park Road, sold valuables worth more than $313,000 in total to customers, and over $140,000 of that amount was later traced to two Singaporean victims of a malware scam. The women, who were working for the store at the time, had processed the payments without conducting the necessary checks, despite having reasons to suspect that the funds were linked to money laundering activities. 1 Link to post Share on other sites More sharing options...
inlinesix Hypersonic November 20 Share November 20 On 11/20/2024 at 11:08 AM, bsswan said: Cannot be..... It is illegal to use funds known to have come from scams, and other illegal activity. Government won't be allowed to do anything with it....... unless one law for one, one for another but that cannot be. https://www.straitstimes.com/singapore/courts-crime/store-fined-35k-after-its-workers-sold-jewellery-to-customers-who-bought-them-with-scam-proceeds#main-content All funds confiscated will go Govt Consolidated fund. It will be part of Govt Revenue. 3 Link to post Share on other sites More sharing options...
Playtime Twincharged November 20 Share November 20 On 11/20/2024 at 9:57 AM, Hubwee said: All assets in SG , dun give up also cannot … properties / cars / valuables and even bank account all in SG , make things easier for SG government to dispose and closed the case , win win for both .. sometimes i wonder how people so smart to cheat so much.... so stupid to not take risk management. but then.... they probably hold tonnes of bitcoin lah. Link to post Share on other sites More sharing options...
Playtime Twincharged November 20 Share November 20 On 11/20/2024 at 11:08 AM, bsswan said: Cannot be..... It is illegal to use funds known to have come from scams, and other illegal activity. Government won't be allowed to do anything with it....... unless one law for one, one for another but that cannot be. https://www.straitstimes.com/singapore/courts-crime/store-fined-35k-after-its-workers-sold-jewellery-to-customers-who-bought-them-with-scam-proceeds#main-content anything go ah gong pocket... become legalise ang bow right?😂 give you you dont take meh? $200 give back... give back now😤 3 Link to post Share on other sites More sharing options...
Wt_know Supersonic November 20 Share November 20 On 11/20/2024 at 11:36 AM, inlinesix said: All funds confiscated will go Govt Consolidated fund. It will be part of Govt Revenue. yalor ... similarly the fines on property agents, iras tax evaders, etc ..... ALL FINES go to govt coffer too ... fine the bugger gao gao ... wansui wansui wan wan sui ... 1 Link to post Share on other sites More sharing options...
inlinesix Hypersonic November 20 Share November 20 On 11/20/2024 at 11:08 AM, bsswan said: Cannot be..... It is illegal to use funds known to have come from scams, and other illegal activity. Government won't be allowed to do anything with it....... unless one law for one, one for another but that cannot be. https://www.straitstimes.com/singapore/courts-crime/store-fined-35k-after-its-workers-sold-jewellery-to-customers-who-bought-them-with-scam-proceeds#main-content For this case, there are at least 3 offences: 1. Store owner did not train the staff "properly" on KYC check required 2. No KYC check on customer with large purchases 3. No action taken on customer using red flag PayNow account. Link to post Share on other sites More sharing options...
bsswan 6th Gear November 20 Share November 20 On 11/20/2024 at 12:04 PM, inlinesix said: For this case, there are at least 3 offences: 1. Store owner did not train the staff "properly" on KYC check required 2. No KYC check on customer with large purchases 3. No action taken on customer using red flag PayNow account. I'm not disputing why they got punished. Link to post Share on other sites More sharing options...
Hubwee Supercharged November 20 Share November 20 (edited) On 11/20/2024 at 11:49 AM, Playtime said: sometimes i wonder how people so smart to cheat so much.... so stupid to not take risk management. but then.... they probably hold tonnes of bitcoin lah. This whole group of fujian gangs are farmers !! Dun think they are smart in anyway except willing to risk and do illegal stuffs ... They were pretty low profile during their first 2 years here until they started to feel over confident and became too high profile with the properties / cars / jewels they buy ... One of them actually offered me 350k to take over one of my car order cos he does not want to wait ... heng i rejected cos i still managed to sell that car for a 300k profit after having it for almost 2 years lo ... Edited November 20 by Hubwee 2 1 Link to post Share on other sites More sharing options...
mersaylee Hypersonic November 20 Share November 20 (edited) On 11/20/2024 at 9:23 AM, Playtime said: Billion-dollar money laundering case: 15 of 17 foreigners who fled Singapore agree to surrender S$1.85b of assets Wait... they already fled then still volunteer to pay?? Why? If not interpol cums in...need to pay more...😁 Edited November 20 by mersaylee ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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