Luxury items seized in $3b money laundering case handed over to Deloitte for liquidation

Ye_Rongtian

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If the auction is at an obscure place at weird timing. Maybe many people won't turn up.
U can dream on. People will take leave. There're people making a living by reselling items from auctions like these. And they already calculated the targeted bids in order to earn a profit.
 

johnsonheng

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If the auction is at an obscure place at weird timing. Maybe many people won't turn up.
You are wrong. I heard before one yacht being sold for 6000 dollars.

Last time one of my ex colleague use to work in force dealing with a this stuff
 

Philipkee

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Going to go for the Richard Mille

Guy's please don't fight with me over this

I got my warchest ready. Will get the richard mille by would or by could
Yea after the whole auction over andyou got nothing you will be full of “actually I woulda, I coulda …..”
 

WWH123

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Liquidation monies go to who? Will give laundromat vouchers?
 

johnsonheng

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When the event. I also go see see look look. Who knows later we can get a gold bar for one dollar
 

tmkedmw

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Luxury cars, gold bars & watches from S$3B laundering case could go on sale, public may get to bid​

A dazzling array of luxury cars, gold bars, designer bags, and high-end watches from Singapore’s high-profile S$3 billion money laundering case could soon be sold off — and members of the public may have a chance to bid for them.

In Aug 2023, the Singapore Police Force executed one of the country’s most high-profile anti-money laundering raids, detaining ten foreign Chinese nationals on suspicion of laundering proceeds. These proceeds allegedly came from scams, illegal online gambling, and unlicensed lending.

Patek Philippe & Richards Mille watches, Hermès bags & more​

Among the collection are around 14 Patek Philippe and Richard Mille timepieces, multiple Graff jewellery sets, diamond necklaces from French jeweller Chaumet, and jade-and-diamond pieces including bracelets, necklaces, and earrings.

Also in the trove are some 50 designer handbags, mostly Hermès, along with pieces from Louis Vuitton, Chanel, and Dior.

150825-3bil-money-laundering-case-stuff-pic-2.jpg

Source: Shin Min Daily News


150825-3bil-money-laundering-case-stuff-pic-3.jpg

Source: Shin Min Daily News
 
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