Seized assets grow to S$2.4b


Police uncovered more luxury watches, gold bars and other assets from a massive money laundering scheme that was busted last month, they said, bringing the total amount of assets seized or frozen to S$2.4bil (RM8.25bil).

The police had launched further operations related to a group of foreign nationals suspected to be involved in laundering the proceeds of their organised criminal activities, including scams and online gambling, police said in a statement on Wednesday.

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