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Singapore's money laundering case
Ultra-rich foreigners in Singapore hesitant to spend amid heightened wealth scrutiny
Super-rich foreigners in Singapore are holding back on lavish spending, leading to a decrease in demand for luxury homes, cars, and other high-end goods, as the city-state intensifies its scrutiny of wealth.
Wealthy Chinese families prefer Hong Kong over Singapore for family offices amid increased scrutiny
Singapore banks intensify wealthy client checks after $2.2B money laundering case
Assets seized in Singapore's money laundering case swell to $1.76B
The total value of assets seized in Singapore's biggest money laundering case has swelled to S$2.4 billion ($1.76 billion), police said on Wednesday.
September 21, 2023 | 11:17 pm PT