Jail for 2 nominee directors whose shell companies laundered almost $20m in scam profits
SINGAPORE - Two Singaporean men who were nominee directors of shell companies here were sentenced to jail after their firms inadvertently helped scammers launder almost $20 million.
These sums were mainly from foreign and local companies who were victims of scams, including business e-mail compromise and impersonation scams.
……Read full article on The Straits Times - Singapore
Singapore scam Crime
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Astro KW 03/12/2023
These are the 'mules', 😏 the real culprits are enjoying their Pina Coladas somewhere in the Bahamas.. Nevertheless, 4 - 6 weeks is still a very 'cheap' Price to Pay! Where got so Good Deal one, no need to do Anything, Money just come rolling in!??? 😏 How about the two 'Recruiters'? Surely they are also culpable, part of the 'Scam'..!??? 🤔
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