Inside Singapore’s $2.4 Billion Asset Recovery: How a Sovereign State Liquidated an Empire of Crime

Inside Singapore’s $2.4 Billion Asset Recovery: How a Sovereign State Liquidated an Empire of Crime

Three years after dismantling a $2.4 billion international money-laundering syndicate, Singapore is systematically auctioning off thousands of seized luxury items, turning criminal assets into state revenue.   Inside a heavily fortified, windowless concrete vault situated along the perimeter of Singapore’s Changi Airport, row upon row of high-end luxury merchandise sits under strict, multi-tiered surveillance. The…

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