Billion-dollar money laundering case: Third accused gets jail for buying luxury apartment with illegal proceeds
Today·2024-04-16 20:00
SINGAPORE — A third man linked to the S$3 billion money-laundering probe that led to the arrests of 10 people was sentenced to 13 months' jail on Tuesday (April 16).
Wang Baosen, a 32-year-old Chinese national, pleaded guilty to one charge each of possessing almost S$600,000 in illegal proceeds in his wife's bank account and for laundering another S$1.48 million to buy a luxury Park Nova apartment in Tomlinson Road.
……Singapore Crime Corruption
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