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Gold, watches and other luxury items totaling $1.75B seized in Singapore money laundering scheme

From apnews.com

Singapore police say they have uncovered more luxury watches, gold bars and other assets from a massive money laundering scheme that was busted last month, bringing the total amount of assets seized or frozen to 2.4 billion Singapore dollars ($1.75 billion). The police had launched further operations related to a group of foreign nationals suspected to be involved in laundering the proceeds of their organized criminal activities, including scams and online gambling, police said in a statement on Wednesday. The latest action followed multiple other raids across the city-state last month that saw properties, vehicles, ... (full story)

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