Luxury Homes in Singapore's Largest Money Laundering Case Headed for Auction Singapore's reputation as a haven for clean money has taken another hit, with 25 luxury properties set to be auctioned off after being forfeited in the country's largest money laundering case.
The high end real estate market, often touted as a symbol of Singapore's prosperity and success, is now entangled in a web of illicit financial flows.
The properties, including a multi million dollar penthouse, are located in upscale neighborhoods like River Valley and Orchard.