money laundering singapore

What is the penalty for money laundering in Singapore?

by

Money laundering is a serious criminal offense in Singapore, and those convicted of money laundering can face severe penalties. The specific penalties for money laundering in Singapore are outlined in the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act (CDSA) and the Terrorism (Suppression of Financing) Act (TSFA). If convicted, the offence … Read more

What companies in Singapore have been caught laundering money?

by

Discussing specific legal cases and individuals involved in illegal activities can be sensitive and legally complex. The information provided pertains to a series of money laundering cases in Singapore involving various individuals and entities. In recent events related to money laundering cases in Singapore, three companies—Su Zigen Chengmei Co., Ltd. and Zhuo Chi Technology—have been … Read more