Lianhe Zaobao: Singapore cracked the largest money laundering case in recent years, with 10 people arrested and a total amount of 1 billion yuan involved.
Original title: Nine men and one woman were arrested in multiple high-quality bungalows in connection with money laundering cases
Original source: Lianhe Zaobao
The nine men and one woman are originally from Fujian, China, and three of them are Chinese citizens. Although the rest hold Chinese passports, they have different nationalities. One of them was the 10 foreigners who bought 20 units in Kangning River Bay for NT$85 million last May. They were suspected of being involved in crimes such as forging documents and money laundering. They were arrested by the police on Tuesday (August 15) and were arrested on Wednesday (16th). He will be charged in the National Court in the evening. The nine men and one woman involved in the case were charged with different charges. Five of the men were accused of laundering money stolen by thieves who operated online gambling. Each was charged with violating the Corruption, Drug Trafficking and Serious Crime (Confiscation of Profit) Act, and the other was involved in resisting arrest. He was injured after jumping from the second floor of a bungalow and was sent to the hospital.
When the police launched a large-scale arrest operation on Tuesday (August 15), they seized large sums of money, luxury cars and luxury goods from the homes of 10 men and women, and froze the relevant bank accounts.
Su Baolin (41 years old, Cambodian)
Su Baolin (41 years old, Cambodian)
He was arrested at a good class bungalow near Nassim Road. He also holds a Chinese passport. According to the complaint, he is accused of submitting a forged document to Citibank in February 2021, claiming that he was the executive director of an import and export company.
Police issued prohibitory orders against 94 properties and 50 vehicles, with a total value of more than $815 million. (provided by the police)
Su Haijin (40 years old, Cypriot nationality)
He was arrested at his prime bungalow in Ewart Park near Bukit Timah. He was also found to be holding Chinese and Cambodian passports.
The police ordered him to open the door outside the bedroom, but he jumped from the balcony on the second floor of the bungalow in panic and was later found hiding in a drainage ditch by the police. He sustained injuries and was sent to hospital while conscious. Police seized more than NT$2.1 million in cash and foreign currency, and issued prohibitory disposal orders against 13 properties and five cars with an estimated value of more than NT$118 million, including multiple items of jewelry and alcohol. The authorities also froze four related bank accounts with a total balance of more than NT$6.7 million. Another person also assisted in the investigation.
Evidence seized by the police included passports held by those involved. (provided by the police)
Su Wenqiang (31 years old, Cambodian)
Su Wenqiang (taken from the website of the Chinese Public Security Bureau)
He was arrested at a prime bungalow on Lewis Road near the Botanic Gardens. He also holds a Chinese passport. Police seized more than NT$600,000 in cash and other foreign currencies, 11 electronic devices, 16 luxury bags and watches, 11 pieces of jewelry, and issued prohibition orders on two cars with an estimated value of more than NT$580,000, as well as multiple bottles of wine.
Authorities also froze eight related bank accounts with a total balance of more than 10 million yuan and other foreign currencies. Another person also assisted in the investigation.
Police seized multiple bottles of alcohol. (provided by the police)
Zhang Ruijin (44 years old) and Lin Baoying (43 years old) of Chinese nationality
The pair were arrested at the (Pearl Island) bungalow in (Sentosa Cove) off of Sentosa Cove. Zhang Ruijin also holds a St. Kitts and Nevis passport; Lim Baoying holds passports from the Dominican Republic and Turkey. Police seized more than $7.6 million in cash and foreign currency and issued restraining orders for nine properties and five vehicles valued at more than $106 million. Authorities also froze a related bank account with a total balance of more than 22 million yuan and other foreign currencies. According to the indictment, the two were accused of forging an agreement in July 2020 with the intention of deceiving CIMB into thinking that they owned real estate in Macau and received payment for the sale of the real estate.
Wang Dehai (34 years old, Cypriot nationality)
He was arrested at his flat in the Paterson Hill area of Orchard Road. He also holds Chinese and Cambodian passports.
The police seized more than 2.2 million yuan in cash, 11 electronic devices, 35 luxury watches and designer bags, 51 pieces of jewelry, and issued a prohibition order on a real estate property and two cars with an estimated value of more than 23 million yuan. Authorities also froze five related bank accounts with a total balance of more than 1.7 million yuan and other foreign currencies. Another person also assisted in the investigation.
Wan Shuiming (42 years old, Turkish nationality)
He was arrested at a high-quality bungalow in the Bishopsgate area of Tanglin Road. He also holds Chinese and Vanuatu passports.
Police seized nearly 720,000 yuan in cash and foreign currency, an electronic device, 36 luxury watches and bags, and issued prohibition orders on four real estate properties and three cars with an estimated value of more than 29 million yuan, as well as multiple bottles of wine.
The police seized a total of 60 expensive bags and watches during the operation. (provided by the police)
Authorities also froze two related bank accounts with a total balance of more than 1.18 million yuan and other foreign currencies. According to the indictment, he is accused of submitting a forged document to Citibank in March 2021. Another person also assisted in the investigation.
Wang Baosen (31 years old, Chinese nationality)
He was arrested at an apartment in the (Tomlinson Road) area of Tomlinson Road. He is also suspected of holding a Vanuatu passport. Police seized nearly $112,000 in cash and other foreign currency, as well as three electronic devices, and issued a non-disposal order on a car with an estimated value of more than $300,000. Another person also assisted in the investigation.
Su Jianfeng (35 years old, from Vanuatu)
Su Jianfeng (taken from the website of the Chinese Public Security Bureau) was arrested in a high-quality bungalow along Bukit Timah Road 3 (Third Avenue). He also holds a Chinese passport.
The police seized more than 1.4 million yuan in cash and other foreign currencies, 95 pieces of jewelry, 69 luxury bags and watches, 22 electronic devices and two gold bars, and issued prohibition orders on 13 real estate properties and four cars with an estimated value of more than 120 million yuan. .
Authorities also froze six related bank accounts with a total balance of more than 20 million yuan and other foreign currencies. Another person also assisted in the investigation.
Chen Qingyuan (33 years old, Cambodian)
He was arrested at his apartment in the Leonie Hill Road area of Orchard Road. He also holds passports from China and the Dominican Republic. The police seized nearly 600,000 yuan in cash and other foreign currencies, 23 pieces of jewelry, six luxury watches, 11 documents related to virtual real estate and 12 electronic devices, and issued a prohibition order on a real estate and three cars with an estimated value of more than 12.6 million yuan. . Authorities also froze two related bank accounts with a total balance of more than 28,000 yuan and other foreign currencies. Another person also assisted in the investigation.
Four are assisting police with investigations and eight others are wanted
The police also found a large number of famous watches in the homes of many people involved in the case. (Provided by the Singapore Police Force)
The police seized more than 6.7 million yuan in cash and other foreign currencies, 60 luxury bags and watches, more than 20 pieces of jewelry, more than 50 electronic devices, and issued prohibition orders on 29 real estate properties and 15 cars with an estimated value of more than 227 million yuan. Authorities also froze a bank account with a total balance of more than 2.8 million yuan. (Transliteration of some names)
The police seized more than 6.7 million yuan in cash and other foreign currencies in multiple locations. (provided by the police)
