Billion-dollar money laundering case: Suspect gets new charges of using forged papers, having criminal proceeds

  • 📰 TODAYonline
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 99%

Money Laundering News

Singapore Latest News,Singapore Headlines

SINGAPORE — Lin Baoying, the only woman among 10 suspects in Singapore's multibillion-dollar money-laundering investigation, was on Tuesday (May 21) handed seven new charges.

Billion-dollar money laundering case: Suspect gets new charges of using forged papers, having criminal proceeds

After the charges were tendered, Lin's lawyer Mr Chew Kei-jin informed the court that she wished to plead guilty. In the fresh charges, she is similarly accused of submitting forged property sale documents to UOB Kay Hian and the Oversea-Chinese Banking Corporation , to justify deposits of HK$12.5 million across both accounts.

The prosecution previously said that Lin had a teenage daughter who lived in Beach Road with a domestic helper, while she lived separately in Sentosa.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore law firm Shook Lin & Bok hit by cyber attack; allegedly paid $1.89 million in ransompThere is no evidence so far that document management systems were affected, said the firm's spokesman./p
Source: The Straits Times - 🏆 8. / 63 Read more »

Billion-dollar money laundering case: Suspect gets new charges of using forged papers, having criminal proceedsLin Baoying told the court she intended to plead guilty and asked for an early date to do so.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Billion-dollar money laundering case: Sixth suspect jailed, forfeits largest sum yet of S$180 millionSINGAPORE – The suspect with the highest number of charges in Singapore's multibillion-dollar money laundering crackdown was sentenced to 13 months and six weeks' jail on Tuesday (May 14).
Source: TODAYonline - 🏆 1. / 99 Read more »

Billion-dollar money laundering case: Sixth suspect jailed, forfeits largest sum yet of S$180 millionVang Shuiming surrendered about 90 per cent of the assets seized from him, including apartments in Clarke Quay and Beach Road.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Pharma giant AstraZeneca to build $2 billion manufacturing facility in SingaporeIt will be the company's first such facility here.
Source: The Straits Times - 🏆 8. / 63 Read more »

Life insurance sales in Singapore up 32.2% to $1.37 billion in Q1, strongest growth since 2020The industry sees more demand for single premium policies., with sales up 46.4 per cent.
Source: The Straits Times - 🏆 8. / 63 Read more »