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Serpent clutch, 15-carat diamond: First look at forfeited luxury goods from S$3b money laundering case

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Singapore auctions luxury items seized in $2.37 billion money laundering case

Singapore has begun online auctions of over 600 luxury items forfeited in its S$3 billion money laundering case, with 15 auctions scheduled to run through May 2027. The first two auctions feature 338 items including designer bags, jewelry, and a 15-carat diamond.

Sep 10, 2026·2 sourcesCrypto enforcement actionsCrypto regulationAnti-money laundering (AML)Luxury goods
Singapore auctions luxury items seized in $2.37 billion money laundering case
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Singapore auctions assets seized in $2.37B money laundering case