More than 600 luxury items will be sold in the first two of a series of 15 online auctions running until May 2027.
Singapore
More than 600 luxury items will be sold in the first two of a series of 15 online auctions running until May 2027.
Luxury bags on display during a preview of items forfeited in Singapore's S$3 billion money-laundering case at Hotlotz on Sep 10, 2026. (Photo: CNA/Ili Mansor)
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Island-wide raids in August 2023 uncovered millions of dollars earned from an illicit gambling ring run by Chinese suspects.
The properties will be auctioned off by real estate firms SRI, Edmund Tie and Knight Frank, while auction house Hotlotz handles…
In the first two of a series of 15 online auctions, 338 handbags and accessories and 286 pieces of jewellery are listed on the…
The sale of confiscated watches from brands like Richard Mille and Patek Philippe is also part of Singapore’s largest money…
A total of 25 properties, including a 4-bedroom penthouse, are expected to fetch millions in the auction.
Guide prices for the properties at Martin Modern and Wallich Residence range from S$2.238 million to S$6.78 million.
