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Close to US$4 million (S$5.3 million) in illicit funds linked to a group that provided encrypted telecommunications devices and network services used by transnational organised criminal syndicates have been seized in Singapore.
A total of US$3,971,468.40 was seized from four bank accounts here by the Commercial Affairs Department (CAD) of the Singapore Police Force and US authorities, said the United States Department of Justice (DOJ) on Monday.
PHANTOM SECURE
The funds belonged to Phantom Secure, an encrypted telecommunications network used by transnational organised criminal syndicates. The amount has been repatriated to the US, according to announcements from the Attorney s Office for the Southern District of California.
FBI varar við svikum með bóluefni gegn kórónuveirunni dv.is - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dv.is Daily Mail and Mail on Sunday newspapers.
Federal intelligence agency urges Canadian firms to update SolarWinds software after massive U.S. data breach The CSE did not confirm on Monday whether the data breach had affected Canadian government agencies or private firms
Author of the article: Jesse Snyder
Publishing date: Dec 14, 2020 • December 14, 2020 • 4 minute read • An arm of the Ottawa-based Communications Security Establishment (CSE) issued a public alert on Monday calling on companies to install a “hotfix” for SolarWinds Corp.’s Orion IT management system. Photo by Sean Kilpatrick/The Canadian Press files
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