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: www.Encrygma.com


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

Comentários


bottom of page