Billion-dollar money laundering case: Man jailed after pleading guilty to possessing car, S$777,000 from criminal proceeds

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Billion-dollar money laundering case: Man jailed after pleading guilty to possessing car, S$777,000 from criminal proceeds
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Su Baolin, a 42-year-old Cambodian, pleaded guilty to three out of 13 charges.

A sketch of Su Baolin, the fourth of 10 suspects in a monumental money-laundering case to be dealt with in the State Courts.SINGAPORE: Another of 10 suspects involved in a S$3 billion money laundering case pleaded guilty in court on Monday .

He also pleaded guilty to a charge stating that he possessed a car, a white Toyota Alphard Hybrid 2.5SR C-Package CVT purchased for S$332,281.26, suspected also to be benefits from criminal conduct.Su and nine others were arrested in an islandwide police operation against money-laundering offences in August 2023.

Since April, three men, Wang Baosen, Su Haijin and Su Wenqiang have pleaded guilty and been sentenced to jail terms of between 13 and 14 months. For possessing property suspected of being derived from criminal conduct, Su could have been jailed up to three years' jail, or a fined up to S$150,000, or both.

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