Singapore Seizes Alleged Scam Boss’s Assets After US Charges
PositiveArtificial Intelligence

Singapore's recent seizure of over S$150 million in assets linked to alleged money laundering and forgery marks a significant step in combating financial crime. This operation, involving the Cambodian conglomerate Prince Holding Group and its founder Chen Zhi, highlights Singapore's commitment to maintaining its reputation as a global financial hub. By taking decisive action against such activities, Singapore aims to deter future scams and reinforce trust in its financial systems.
— Curated by the World Pulse Now AI Editorial System



