Cambodian, Chinese deported from Singapore in historic money laundering

By Phan Anh   May 8, 2024 | 05:13 pm PT
Two Cambodian and Chinese nationals were deported from Singapore after being convicted of laundering over S$3 billion (US$2.2 billion) in Singapore's largest-ever money laundering case.

Su Wenqiang and Wang Baosen, both 32, were among 10 people arrested during a money laundering investigation in August 2023, where over S$3 billion in cash and property were seized by authorities, The Straits Times reported.

Both Su and Wang were sentenced to 13 months in prison each for money laundering charges earlier this week. Su is a Cambodian national, and Wang is a Chinese national who obtained Cambodian citizenship in 2020, the CNA reported.

Su was arrested in Bukit Timah in August 2023 during a police raid. Authorities said Su engaged in online gambling in 2019 while he was in the Philippines. He later joined an illegal gambling business in the Philippines, which targeted people in China. In 2021, he moved to Singapore with his family and continued to work in the gambling business. Su confessed to having possessed over S$600,000 in cash from gambling activities. He used S$500,000 in criminal benefits to buy a car.

Wang meanwhile was also arrested in August 2023. Prosecutors said Wang deceived authorities about his employment in Singapore and the sources of his funds. Specifically, he submitted a forged loan paper to the bank HSBC regarding S$600,000 that he deposited into his wife’s bank account in January 2023, and he could not account for the S$1.4 million that he used to partially pay for a luxury condominium unit in March 2022, The Straits Times reported.

Both Su and Wang were deported to Cambodia on Monday and will be banned from re-entering Singapore, the country’s Immigration and Checkpoints Authority said.

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