top of page
  • Writer's pictureThe DigitalBank Vault

Asian News of #Encrochat: Singapore seizes $735m of assets in anti-money laundering probe

Try for Free the

Encrygma Mobile Encryption System

Transform Any Android Device

into an Offline Cipher Machine.

Learn more here:

How it works ?



Singapore police have seized about S$1bn ($735m; £578m) - including luxury homes, cars and cash - in one of its biggest anti-money laundering probes.

Among the items seized in the raid were old Encrochat phones , SkyECC encrypted phones, luxury cars, designer handbags and $17m (£13.3m) in cash.

Police arrested ten people in the operation, all of whom held foreign passports. Singapore apparently became a safe haven for Encrochat fugitives.

Raids of this size are rare in Singapore, which has one of the lowest crime rates in the world.

19 views0 comments


bottom of page