SINGAPORE: On Monday, April 1, a man who leaped from a balcony during a raid to apprehend people connected to a billion-dollar money laundering investigation was charged with twelve more counts.
Su Haijin now faces 14 accusations, and the total amount of alleged illegal gains he possessed is around S$3.8 million (US$2.8 million).
Su, a 41-year-old Cyprus national, was originally scheduled to enter a guilty plea on Thursday. However, the prosecution and defense have verified that his plea will proceed according to schedule. Two of his charges are for possessing benefits reasonably suspected to be illegal remote gambling offences in or around August 2023,
On August 15, 2023, he was first charged with two counts of resisting arrest and, in August 2023, with benefits totaling approximately S$4.06 million from illicit remote gambling offenses in a UOB account.
On Monday, the second allegation was changed to one of failing to provide a satisfactory explanation for how he obtained about S$2.4 million, which is reasonably considered to be proceeds from illicit remote gambling offenses.
This sum was allegedly received in ten transactions between January 15, 2021, and October 12, 2021, using an OCBC account that belonged to Yihao Cyber Technologies.
Also Read:
Unveiling BelleoFX: Redefining Forex Trading with Innovation and Global Reach
