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Singapore Cracks Down on Investment Fraud: Four Men Charged with Cheating and Money Laundering

In another financial crime case in the city-state, Singaporean authorities have charged four men with involvement in an intricate investment fraud scheme that siphoned $1.6 million from unsuspecting victims. The men, identified as Timothy Solomon Patrick (35), Daniel Lars Stevenson (39), Kamaraj Gopal Krishnan (53), and Patrick Lourdasamy (63), were arraigned on June 26 on charges including money laundering and cheating.