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Man in $3b money laundering case receives 6 new charges, offered jail time of 13 to 15 months

SINGAPORE — One of the 10 foreigners in the $3 billion money laundering case received six more charges on April 11, five days before he is scheduled to plead guilty. Chinese national Wang Baosen, 32, was given one charge of lying to the authorities during investigations, one charge of abetting the use of a forged document, two additional charges of...
Su Haijin Su Wenqiang Favian Kang James Elisha Lee Foo Shi Hao Wang Baosen

Money laundering accused denied bail again; relatives refused permission to enter S'pore

Money laundering accused denied bail again; relatives refused permission to enter S’pore Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
Wang Cailin Foo Shi Hao Terence Tay Wang Bingang Wang Baosen Favian Kang

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$1.8b money laundering bust: Wider network of suspects linked to 10 arrested in Singapore

SINGAPORE - Documents filed in the State Courts showed a wider network of suspects may be linked to the 10 arrested in Singapore in a money laundering case that now involves assets worth more than $1.8 billion. Some of these suspects are connected to organised crime syndicates operating overseas involved in online gambling, scam centres and illegal moneylending. In applying...
Ming Huang Singapore General Jiang Xia Su Haijin Wang Dehai Wang Bingang

$1.8b money laundering case: Company set up so wife of accused could get work pass

SINGAPORE – The company owned by the wife of one of the accused in the $1.8 billion money laundering case was set up so that she could get an employment pass (EP) here. This was revealed by Mr Seah Li Hao, a Commercial Affairs Department (CAD) officer, in an affidavit to support the prosecution’s application on Wednesday that no bail...
Hong Kong Taoyuan Xian United States Chen Qingyuan Su Haijin Wang Qiming

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