9 Cambodian Passport Holders Arrested in International Billion Dollar Money Laundering Affair

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Re: Prince?

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Singapore arrests 10, seizes $737m in assets in money laundering raids
Police say the group is suspected of involvement in organised crime activities ‘including scams and online gambling’.
Published On 17 Aug 2023

Singapore police have arrested 10 people and seized assets including properties and luxury cars worth about one billion Singapore dollars ($737m) as part of an investigation into a suspected money laundering ring.

The police conducted simultaneous raids on Tuesday across the city-state, they said in a statement on Wednesday evening, targeting a group suspected of laundering proceeds from “overseas organised crime activities including scams and online gambling”.

Along with 94 properties and 50 vehicles, police also seized cash, luxury bags, jewellery, watches, electronic devices, bottles of wine, documents with information on virtual assets, and a collection of ‘Bearbrick’ ornaments.

Those arrested were from China, Turkey, Cambodia, Cyprus and Vanuatu and were aged between 31 and 44, the Singapore police said.

More than 400 officers took part in the raids, with the suspects were arrested from luxury bungalows and condominiums in some of Singapore’s most exclusive neighbourhoods.
https://www.aljazeera.com/news/2023/8/1 ... ring-raids
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Re: Prince?

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Re: Prince?

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This looks like an interesting thread with perhaps juicy info about the Cambodian connections to follow.

@Username Taken Maybe it should be renamed to something less cryptic?
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Re: Prince?

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24 mins ago - BREAKING NEWS
MISTAKEN IDENTITY? Three Cambodians said to be involved in Singapore billion dollar money laundering
Buth Reaksmey Kongkea / Khmer Times
Image
Following shocking reports that three Cambodians were among 10 foreigners arrested in Singapore for alleged involvement in money laundering involving almost $800 million in cash and assets, Cambodian authorities are waiting to ascertain if they were Chinese nationals using the Kingdom’s identification documents.

The Ministry of Interior is now awaiting more information from the Singapore police regarding the identities of the three who were caught on Tuesday in what appears to be one of the biggest money-laundering crackdowns in Singapore’s history.

According to Singapore news outlet CNA, 10 people of Cypriot, Turkish, Chinese, Cambodian and Ni-Vanuatu nationalities were charged on Wednesday (Aug 16) night after police conducted simultaneous raids across Singapore as part of a probe into money laundering and forgery offences.
https://www.khmertimeskh.com/501345022/ ... aundering/
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Re: 10 Arrested Over Billion Dollar Money Laundering Case in Singapore

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Cambodia verifies report of ‘citizens’ held in Singapore laundering case
Niem Chheng and Orm Bunthoeurn | Publication date 17 August 2023 | 21:32 ICT
[excerpt]
According to the Singapore news outlet The Straits Times, three of the 10 charged hold Cambodian passports and citizenship. The media identified the three as Chen Qingyuan, 33, Su Baolin, 41, and Su Wenqiang, 31.

Chen Qingyuan, who also holds passports from two other nations, was charged with money laundering. Police seized nearly S$600,000 in cash, other foreign currencies, 23 pieces of jewellery, and six luxury watches, it said.

Su Baolin was charged with using a forged document. He was also allegedly found in possession of another foreign passport. More than S$777,000 in cash was confiscated, along with other valuable items. Police also froze his three bank accounts, with a total balance of more than S$2.4 million.

Su Wenqiang was charged with one count of money laundering. He was also reportedly holding another passport. Police froze eight of his bank accounts with a total balance of more than S$10 million, in addition to the more than $600,000 in cash and 11 pieces of jewellery that was seized, it added.

According to the police, the other suspects are Cypriots, Turkish, Chinese and Vanuatuan.

Cambodian National Police spokesman Chhay Kim Khoeun said on August 17 that he had heard about the case in the news, but declined to comment as the case was being investigated by Singapore authorities.
https://www.phnompenhpost.com/national- ... ering-case
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Re: 10 Arrested Over Billion Dollar Money Laundering Case in Singapore

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So are these three Cambodians or not?

Or just Chinese ‘using’ Cambodian passports, identification cards, and Cambodian citizenship?

If they are just ‘using’ being Cambodian, but a ‘really’ Chinese, wouldn’t that put them in the same category as the head of Prince group and other Okhnas?

Just my opinion, of course.
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Re: 10 Arrested Over Billion Dollar Money Laundering Case in Singapore

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Who are the 10 charged after the billion-dollar anti-money laundering raid in Singapore?
The Straits Times understands that several of the 10 are related either by birth or marriage to one another, and all of them were originally from Fujian in eastern China.*
Image
https://www.straitstimes.com/singapore/ ... -in-s-pore
* The Su brothers, Su Haijin and Su Baolin, (top photos above), hold a Cypriot and Cambodian passport respectively.
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Re: 10 Arrested Over Billion Dollar Money Laundering Case in Singapore

Post by CEOCambodiaNews »

UPDATE
The latest news reports that nine members of a notorious Chinese criminal organization known as "the Fujian Gang", international online scammers and money-launderers, are in possession of Cambodian passports. This news is a black mark against Cambodia, and a step backward for a country struggling to improve its international status regarding money-laundering and people trafficking.

It is highly embarrassing news to the Cambodian authorities, who will be keen to discover how an entire band of Chinese criminals managed to obtain Cambodian citizenship, blackening the good reputation of Cambodia and all Cambodians.


Nine of Ten Charged in Singaporean Money Laundering Raids Appear to Be Cambodian Citizens
25 August 2023 8:22 PM
Andrew Califf
Soeung Nimol

All but one of the ten arrested this month in Singaporean money laundering raids appear to be Cambodian citizens, according to Cambodian naturalization documents obtained by CamboJA.

The names and ages of nine charged suspects match those listed on Cambodian naturalization documents from 2018 to 2021, which was first reported Wednesday by the online scam tracking site Cyber Scam Monitor.

The city-wide coordinated raid on August 15 involving 400 officers resulted in the arrests of nine men and one woman accused of money laundering through the island city state and the seizure of almost $700 million in cars, property, wine, watches, gold, handbags and other luxury items. Each suspect also possessed a variety of passports, the most common being passports seemingly issued by the Kingdom of Cambodia and the People’s Republic of China.

The initial arresting report from Singapore’s police department listed four of the ten suspects as either Cambodian nationals or holding Cambodia passports, but the naturalization documents suggest the syndicate could have broader ties to Cambodia. An even more extensive set of Chinese-born naturalized Cambodian citizens documented in the Cyber Scam Monitor reports align with “the expansion of Cambodia’s online scamming industry,” according to the site.

Since the suspects have been identified, local Chinese outlets have reported that all ten were part of a Fujianese gang known simply as the “Fujian Gang,” a group that mainly operates in Anxi county in Fujian, an area notorious for online scams. Cyber Scam Monitor’s reports state that other Fujianese individuals naturalized in Cambodia on the same days as the suspects are owners of documented Cambodian cyber scam compounds.

“This arrest sends a strong signal of the intent of the Singaporean authorities to curb the use of the country as a hub for this type of activity. It also shows the extent to which Cambodia is involved in enabling criminality,” said Jason Tower, the Myanmar country director for the United States Institute for Peace. “Criminal networks perpetrating increasingly complex cyber scams deploying forced labor are now deeply embedded in Cambodia, Laos and Myanmar.”

Tower went on to explain how online scams known as pig-butchering are operated largely by individuals linked to China and said that it is common for Chinese criminals, such as those arrested in Singapore, to obtain citizenship in “corrupt countries.” He cited the example of gambling kingpin She Zhijiang, who was able to obtain Cambodian citizenship in 2017 despite being wanted by Chinese police since 2012.
Long read: https://cambojanews.com/nine-of-ten-cha ... -citizens/
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Re: 10 Arrested Over Billion Dollar Money Laundering Case in Singapore

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More unwanted publicity of high-level Cambodian complicity in international cyber-criminal affairs was published in today's New York Times. The full article is available for those who have an account*.

A Global Cyber-Scam Industry Is Booming in Plain Sight in Cambodia
The New York Times-World·2023-08-28 17:06

Around the world, reports of cyber-scam schemes targeting unsuspecting victims online have proliferated rapidly. Southeast Asia has become a center of gravity for those criminal syndicates, often in remote and war-torn corners. But in Cambodia, the scam industry has been flourishing well within the reach of officials.
https://www.nytimes.com/2023/08/28/worl ... -scam.html
* If you have an NYT account, please share.
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