Browsing: money laundering

Liew Yik Kit, a personal driver, was jailed for lying about four luxury cars linked to a man implicated in Singapore’s large-scale billion-dollar money laundering case.

A 45-year-old man from Helmond was arrested for registering luxury vehicles in his name to conceal the true owners, enabling criminals to continue illegal activities.

25-year-old Chinese national An Chen faces 15 counts of recklessly dealing with proceeds of crime in alleged luxury car fraud racket

Luxury car sales in Singapore have plummeted following increased due diligence checks and higher taxes introduced after a $2 billion money-laundering scandal.

Luxury car sales in Singapore face a downturn following a high-profile money-laundering scandal.

Carl Erik Rinsch faces serious charges for allegedly misusing production funds, which could result in decades in prison if convicted.