US sanctions 3 Singaporeans in global fraud takedown tied to Cambodian scam empire

[halocast]

https://www.businesstimes.com.sg/in...bal-fraud-takedown-tied-cambodian-scam-empire

Our govt never confiscate their bitcoin wasted sia

 

[itedino]

yeah, even able to bring down a sitting Thai PM; albeit a shaky one

This is premeditated surprise move

 

[itedino]

https://www.businesstimes.com.sg/in...bal-fraud-takedown-tied-cambodian-scam-empire

Our govt never confiscate their bitcoin wasted sia

Yea else 19 billions richer

 

[snapp]

The alleged head of a Cambodian criminal ring and his associates set up a family office in Singapore that claimed to receive tax breaks, while also building relationships with firms backed by state investor Temasek Holdings and spending millions on properties in the city-state.

Chen Zhi, the chairman of Prince Holding Group, heads what US prosecutors say is one of the largest transnational criminal organisations in Asia. He and multiple associates, including three Singapore citizens, were sanctioned by US authorities Tuesday over their alleged involvement in a ring that used cryptocurrency to launder billions generated from online investment scams.

The operation allegedly used forced labour in Cambodia to emotionally manipulate thousands of victims around the world, fattening their accounts and then draining them in a practice known as “pig butchering”. Now the case is prompting authorities and firms in Singapore to review the group’s financial ties to the business hub.

See article @ https://www.theedgesingapore.com/ne...ties-multi-billion-dollar-scam-case-spotlight

 

[DulanMax]

Ah Shan pls POFMA!!

 

[zuppeur]

someone mention is JHK and tiong convert new citizen

 

[SayPorkGuy]

sinkapoor not looking so clean after all. with such backing from 他妈的sick, who attending private dinner and meeting who?

 

[d3n]

ho seh liao! Singapore in the spotlight!

 

[Visor9999]

Family office again? Driving up cost of living in sg not enough also have to increase exposure globally for scam

 

[Wyattbird]

Now we know why our honchos love white. It comes from all the washing!! Black also can turn grey and then white.

 

[Visor9999]

sinkapoor not looking so clean after all. with such backing from 他妈的sick, who attending private dinner and meeting who?

At this rate will trump take action on sg

 

[dambio]

Which washing machine is d best in sea? Sg! Widely known within their circle Liao.

Becos sg so lax n free n easy for them

Family offices huh! Hello mas?!

 

[xcodes]

easy money comes with dirty linen ... after fujian gang and now this ... what have the monitoring authories been doing?

 

[SayPorkGuy]

so chionggong more billions to give more cdc to citizens? it's still washing right?

 

[TehOPengSiuDai]

Orh bi goot! Open legs bigger lah, get more and more dubious new citizens from questionable backgrounds.

 

[uselessbum]

SG is for everyone!

This time its not just mere GPUs. It's kidnapping, human trafficking, fraud, murder among a laundry list of things that they allegedly do. Some of the victims might even be our very own sinkies....which would be ironic since it would essentially be a legally sanctioned version of "sinkie pwn sinkie"

I wonder if they have ever eaten dinner with our higher mortals as well like the fujian gang.

 

[mata_hippo]

pofma bloomberg!

 

[SayPorkGuy]

this is the real reason why millionaires are coming here to set up family office. cos sinkiepolang are daft.

 

[Maihiam]

Confiscate their money and properties and use them to compensate the scam victims.

 

[Visor9999]

Which washing machine is d best in sea? Sg! Widely known within their circle Liao.

Becos sg so lax n free n easy for them

Family offices huh! Hello mas?!

Sg Govt need to hope that trump don’t read Bloomberg news at this rate