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$1b in cash and assets seized and frozen; 30 foreigners probed for money laundering and forgery


Mockngbrd
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On 8/30/2023 at 6:50 PM, Wt_know said:

seems like spore governance system is “broken” 

or the opportunity is too much to “miss” ? [sly] 

Due to sheer volume of transactions, it is harder to detect suspicious transactions.

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On 8/30/2023 at 7:08 PM, inlinesix said:

Due to sheer volume of transactions, it is harder to detect suspicious transactions.

huh? isn’t sheer volume trigger red flags

who buy RR, Bentley, Ferrari, Lambo, Alphard (in dozens)?

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On 8/30/2023 at 7:13 PM, Wt_know said:

huh? isn’t sheer volume trigger red flags

who buy RR, Bentley, Ferrari, Lambo, Alphard (in dozens)?

Our banking system handles large volumes of transactions.

Maybe these ppl take loan to buy

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On 8/30/2023 at 8:39 PM, yishunite said:

So not only we imported worlds inflation we also imported billions of laundry money. Tip of iceberg?

Is time to worry about our children. 

At this rate,  their lives won't be better than ours, they'll NEVER be able to afford what we have now 🤔

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On 8/30/2023 at 7:08 PM, inlinesix said:

Due to sheer volume of transactions, it is harder to detect suspicious transactions.

sounds like ,"人海战术"

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On 9/3/2023 at 12:31 PM, yishunite said:

41 yrs old naturalised Singaporean.

Previously from Shanghai.

All in 30s and 40s, all from China with some holding foreign passport. 

Only this guy said he hadn't received a single cent.

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On 9/3/2023 at 1:04 PM, Atonchia said:

41 yrs old naturalised Singaporean.

Previously from Shanghai.

All in 30s and 40s, all from China with some holding foreign passport. 

Only this guy said he hadn't received a single cent.

Oh so live in hdb and drive secondhand car means no fault by default . Wah very steady hor this guy.  
play the victim card too, heeeheee

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On 9/3/2023 at 1:04 PM, Atonchia said:

41 yrs old naturalised Singaporean.

Previously from Shanghai.

All in 30s and 40s, all from China with some holding foreign passport. 

Only this guy said he hadn't received a single cent.

Receives bitcoin lor....

Planning next move to usa or EU once his target reached. 

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On 9/3/2023 at 1:25 PM, Throttle2 said:

Oh so live in hdb and drive secondhand car means no fault by default . Wah very steady hor this guy.  
play the victim card too, heeeheee

Just hope he don't get discovered bundle of notes. Hahaha...

Then hard to explain. Unless say cash received was buy other companies...   Starting more self service laundromat at HDB.

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On 9/3/2023 at 1:29 PM, Playtime said:

Receives bitcoin lor....

Planning next move to usa or EU once his target reached. 

Probably that's why all are in their 30s and 40s, more tech sauvy and utilise on tech. 

Much easier to handle than loads of cash bundles or precious metals.

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