Assets seized in Singapore's money laundering case swell to 1.7 billion USD
(VOVWORLD) - The total value of assets seized in Singapore's biggest money laundering case has swelled to more than 1.7 billion USD, police said on Wednesday.
 The value of assets seized or frozen in Singapore's largest money laundering case now exceeds 2.4 billion SGD. (Photos: Singapore Police Force) |
The assets now include cash, gold bars, cryptocurrencies, properties and vehicles. Police did not give details of the fresh seizures and how they were found.
Last month, 400 police officers ran simultaneous raids across Singapore and arrested 10 foreigners in an anti-money laundering swoop.
Police have said the 10 suspects were allegedly "laundering the proceeds of their overseas organised crime activities, including scams and online gambling".