Singapore banks scrutinize Chinese-born clients amidst money laundering probe

Singapore froze and seized assets worth $1.8B since last month in a money laundering probe targeted at cryptocurrencies, properties, and cash. Bloomberg’s September 21 report shows Banks are expanding their investigations to Chinese-born customers with other passports, focusing on clients holding crypto or participating in money laundering activities. Singapore extends money laundering investigations to Chinese-born The post Singapore banks scrutinize Chinese-born clients amidst money laundering probe appeared first on Invezz .