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How to detect Money Laundering syndicates and activities in SG
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24-12-2016 5:47 PM
PROFILER Offline
Senior Sheep

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What are the tell tail signs of money laundering in SG?

Which authority is responsible to catch these people? Are they doing their job or wayang wayang only because they're also have their hands in the cookie jar?

Know of examples of money laundering syndicates in action covertly or overtly in SG and are they under the radar or under monitoring?

Who are usually the masterminds of such money laundering?

Who are the runners and mules? How are these runners or mules paid?

duntellCool
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24-12-2016 6:02 PM
niubee Online
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Posts: 13,722
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Surprised sotw
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24-12-2016 6:07 PM
debono Offline
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24-12-2016 5:47 PMPROFILER wroteWhat are the tell tail signs of money laundering in SG?

Which authority is responsible to catch these people? Are they doing their job or wayang wayang only because they're also have their hands in the cookie jar?

Know of examples of money laundering syndicates in action covertly or overtly in SG and are they under the radar or under monitoring?

Who are usually the masterminds of such money laundering?

Who are the runners and mules? How are these runners or mules paid?

duntellCool

IMHO, I think there is some money laundering going on in Singapore, but only thing is that they are not caught yet. It will be a matter of time before something big is going to be exposed......
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24-12-2016 6:14 PM
PROFILER Offline
Senior Sheep

Posts: 352
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The 2 women who were caught recently for money laundering over 5 years in a cooperative in SG.

Am curious how these 2 women are able to engage mules to clean the money back to them. Must be quite a number of mules.

Why are the mules not arrested? If someone uses his bank account for money laundering, he or she will be charged in court, so why not this case?
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24-12-2016 6:16 PM
landelini Online
Senior Sheep

Posts: 915
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24-12-2016 5:47 PMPROFILER wroteWhat are the tell tail signs of money laundering in SG?

Which authority is responsible to catch these people? Are they doing their job or wayang wayang only because they're also have their hands in the cookie jar?

Know of examples of money laundering syndicates in action covertly or overtly in SG and are they under the radar or under monitoring?

Who are usually the masterminds of such money laundering?

Who are the runners and mules? How are these runners or mules paid?

duntellCool

Many times I see a small bookshop opens in a ulu corner of a not-so-popular shopping centre. I always wonder how it survive when I can literally count the number of customers paying at the counter. THen my friend will say the famous phrase "洗黑钱 lah".
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24-12-2016 6:21 PM
PROFILER Offline
Senior Sheep

Posts: 352
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24-12-2016 6:07 PMdebono wroteIMHO, I think there is some money laundering going on in Singapore, but only thing is that they are not caught yet. It will be a matter of time before something big is going to be exposed......

24-12-2016 6:16 PMlandelini wroteMany times I see a small bookshop opens in a ulu corner of a not-so-popular shopping centre. I always wonder how it survive when I can literally count the number of customers paying at the counter. THen my friend will say the famous phrase "洗黑钱 lah".

How do they do it? Which authorities are responsible for catching them?
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24-12-2016 6:39 PM
p1acebo Online
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Go casino and wash your money

Happiness is when what you think, what you say, and what you do are in harmony
(This post was last modified: 24-12-2016 6:40 PM by p1acebo.)
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24-12-2016 6:59 PM
Ernesto Conejo Offline
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Bidding Projects aggressively......
Setting up a few shops where to "Pa Pang".......
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24-12-2016 7:06 PM
debono Offline
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24-12-2016 6:39 PMp1acebo wroteGo casino and wash your money

This is one way to "wash" the laundered money...but in casinos chances are you will lose the money....
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24-12-2016 7:58 PM
greenlight Offline
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It is a scared skill. key word is vague.
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