By Woo Jun Jie

The Straits Times-Aug 23, 2023

A recent raid resulted in the arrest of 10 foreign nationals for forgery and money laundering and the seizure of $1 billion in cash and assets, in what is now one of Singapore’s biggest money laundering sting operations. Aside from more conventional assets such as cash, cars, properties and luxury items, 11 documents with information on virtual assets were also seized. Read more at: https://www.straitstimes.com/opinion/billion-dollar-money-laundering-and-the-dirty-money-problem-for-singapore First published in The Straits Times