Singapore Arrests 10 Foreigners

The Singapore Police have arrested ten foreigners on charges related to money laundering and fraud in a case involving cash, real estate, luxury cars, and other assets valued at approximately S$1 billion (US$737 million). In a statement, they announced that "simultaneous raids were conducted across the country yesterday, Tuesday, to apprehend the suspects." Orders have been issued to prevent the disposal of 94 properties and 50 vehicles, with a total estimated value of over S$815 million. Other seized assets include bank accounts, cash, luxury bags, jewelry, watches, electronic devices, and some documents containing information about electronic assets. The police clarified that "the foreigners are aged between 31 and 44 and hold nationalities from China, Turkey, Cyprus, Cambodia, and Vanuatu."