The Justice Department says two men from the Los Angeles suburbs built a money laundering machine out of fake IDs, shell companies, and a phone script. The script started with the words "your account has been compromised."
Italian prosecutors say more than half a billion euros in state tax credits moved through over sixty shell companies for renovation work that never happened. The scaffolding was the alibi. The state was the mark.
Wang Junjie ran nine companies from a Housing Board flat in Bedok. On June 3, 2026, he pleaded guilty to helping make laundered money look like a Singapore business so a Cypriot national could apply for permanent residency.