Fourth man in $3b money-laundering case sentenced to 14 months' jail
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SINGAPORE — Su Baolin, one of the 10 foreigners in Singapore's largest money-laundering case, made millions from his role in illegal online gambling operations abroad, said prosecutors. He got the money into Singapore by funnelling it through his accompliFourth man in $3b money-laundering case sentenced to 14 months' jail
SINGAPORE — Su Baolin, one of the 10 foreigners in Singapore's largest money-laundering case, made millions from his role in illegal online gambling operations abroad, said prosecutors. He got the money into Singapore by funnelling it through his accomplices and cryptocurrency platforms to make it hard for the authorities to detect his crimes. And when the police found a large sum of money in his bungalow, he lied that he had won the money by gambling in casinos. On April 29, Su was sentenced to 14 months' jail after pleading guilty to three charges — two for money laundering and one for abetting false representations made to the Inland Revenue Authority of Singapore (Iras). Su, 42, who is originally from China and holds a Cambodian passport, faced a total of 13 charges. The other 10 charges included forgery, making false declarations to the Ministry of Manpower and refusing to sign statements he made at Changi Prison. These were taken into consideration for sentencing. With one-third remission, Su — who has been in remand since his arrest on Aug 15, 2023 — could be out by end-May. Read more