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.
Luxury car sales in Singapore have plummeted following increased due diligence checks and higher taxes introduced after a $2 billion money-laundering scandal.
A Singaporean man, accused of a massive cryptocurrency theft, allegedly lived a life of luxury, spending hundreds of thousands of dollars in a single night and purchasing numerous high-end vehicles.
