Police to apply to distribute $1.5m in seized assets to claimants in Genneva gold scam: Shanmugam
SINGAPORE – The police will be making a court application to distribute more than $1.5 million in seized assets linked to the multimillion-dollar investment scam by Genneva.
In a written reply to Ms Sylvia Lim (Aljunied GRC) on Jan 13, Home Affairs Minister K. Shanmugam said the police will notify claimants about the filing of claims in due course.
……Read full article on The Straits Times - Sports
Other
One-stop lifestyle app dedicated to making life in Singapore a breeze!
English
简体中文
Astro KW 14/01/2026
They collected (!?) $40 million, but now the Amount recovered for distribution is Only $1.5 million! 😕 With the estimated 10,000 Customers duped, you do the Maths, each will get back (!?) if at all, a fraction on the Investment! 😓 Better than Nothing, I suppose..
Reply