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Singapore Banks Probe Rich Clients After Money-Laundering Case

(Bloomberg) Citigroup Inc., DBS Group Holdings Ltd. and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up scrutiny of their wealthy customers and potential clients to avoid exposure to illicit flows, according to people familiar with the matter.Most Read from BloombergRussia Is Sending Young Africans to Die in Its War Against UkraineMacron and Scholz Get Trounced by Far Right in EU ElectionsPutin Is Running Out of Time to Achieve Breakthrough in UkraineSchol

Singapore banks red flags? No English, from Guangdong or Fujian with Hong Kong links

Woman divorced husband for military doctor she met online and lost over $200k

SINGAPORE – A mother of three was so in love with a man she met online that she surrendered more than $200,000 worth of her insurance policies and divorced her husband. The 40-year-old woman believed her lover, who claimed to be a military doctor from the United States, needed the funds to pay his hospital bills after being shot by.

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