Posted on 08/23/2024 2:05:31 PM PDT by nickcarraway
A 63-year-old man was charged in court on Friday (Aug 23) with a slew of offences, including cheating, money laundering and failing to report movements of cash into Singapore.
South Korean Kim Taek Hoon faces a total of 21 charges. Nine of them are for cheating several logistics providers, another four are for cheating Singapore Customs as well as four counts of failing to fully and accurately declare over S$20,000 in cash brought into Singapore.
SNIP
Kim was arrested in December last year after the police's Commercial Affairs Department (CAD) received information over his potential involvement in a scheme to purchase gold bars in Singapore and export them in concealed shipments to South Korea and Japan.
(Excerpt) Read more at channelnewsasia.com ...
I really wish this story included a photo of a golden drill or nail gun.
If I plan to break the law, I don’t think I’d want to do it in Singapore.
My first thought was Alec Guinness in “The Lavender Hill Mob”. In that film gold is forged into model Effiel Towers to smuggle.
Should have been a shipment of falcon statures. From Malta.
Definitely easier to move bitcoin over borders than it is physical gold.
Very good movie. Also interesting to notice the lack of ‘diversity’ in the many street scenes in London back in the day.
You might enjoy this video with Johnny Rotten cruising around new Londinistan on a bus.
https://youtu.be/_SkUPM_T7FE?si=ER1jKFyrScapXM7I
This would probably get him arrested today.
For later.
L
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