How Suspects Laundered Billions in Singapore for Years bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The surprise sting operation is prompting a rethink of the recent surge of foreign investors, amid signs dirty money is joining legitimate businesses in the rush to Singapore, with cash winding up at global lenders.
SINGAPORE: Wang Dehai was already on the run when he made Singapore his home five years ago. Police in China were offering a bounty for information about him for his alleged role in an illegal gambling ring.
SINGAPORE: Money laundering suspect Chen Qingyuan was denied bail on Friday (Nov 17), with the court calling him out for lying to the authorities about his status as a fugitive from China.