Singapore seizes more than $115M in assets linked to Cambodia's Prince Group, which the US and UK accuse of stealing billions of dollars via online scam centers (Bloomberg)
PositiveArtificial Intelligence

Singapore has taken a significant step by seizing over $115 million in assets linked to Cambodia's Prince Group, which has been accused by the US and UK of orchestrating massive online scams. This action highlights Singapore's commitment to combating financial crimes and reinforces international cooperation in tackling fraud. The seizure not only aims to recover stolen funds but also sends a strong message to other potential offenders about the serious consequences of such illegal activities.
— Curated by the World Pulse Now AI Editorial System


