Money laundering case: Woman gets new charges for using forged documents to justify bank deposits



The only woman among 10 suspects in the multibillion-dollar money laundering case has been handed seven new charges. These include possession of suspected criminal proceeds and forgeries that were submitted to banks. One of the fresh charges involves a forged agreement of a property sale in Macau to justify deposits of over HK$120 million (US$15 million) in a CIMB bank account. Lin Baoying, 44, told the court that she intends to plead guilty. Aslam Shah reports.

source

Corruption Buzz

Share
Published by
Corruption Buzz

Recent Posts

Study Names Arizona as Most Corrupt State – The Wall Street Journal

Study Names Arizona as Most Corrupt State  The Wall Street Journal Source link

2 minutes ago

State vigilance launches helpline to curb corruption in rural housing schemes – Odisha Bytes

State vigilance launches helpline to curb corruption in rural housing schemes  Odisha Bytes Source link

6 minutes ago

Corruption in China’s Military Threatens Its Readiness, U.S. Says – WSJ – The Wall Street Journal

Corruption in China’s Military Threatens Its Readiness, U.S. Says - WSJ  The Wall Street Journal Source…

18 minutes ago

One of the World’s Safest Places for Banking Is Rocked by Scandals – The Wall Street Journal

One of the World’s Safest Places for Banking Is Rocked by Scandals  The Wall Street Journal…

39 minutes ago

Red Flags That Steven McBee Sr. Was Headed For Insurance Fraud Downfall – Screen Rant

Red Flags That Steven McBee Sr. Was Headed For Insurance Fraud Downfall  Screen Rant Source link

44 minutes ago

Exclusive | UnitedHealth Group Is Under Criminal Investigation for Possible Medicare Fraud – WSJ – The Wall Street Journal

Exclusive | UnitedHealth Group Is Under Criminal Investigation for Possible Medicare Fraud - WSJ  The Wall…

47 minutes ago