About $1 billion in cash, assets seized and frozen in one of S’pore’s biggest anti-money laundering operations
The assets, which included properties, luxury cars and goods, were either seized, frozen or issued with prohibition of disposal orders.
Wong Shiying and David sun
$77 billion lost to scams worldwide in 2021 – up 16% from previous year: Study
The study also found that the global amount lost in 2021 had risen by 15.7 per cent, from US$47.8 billion in 2020.