Singapore Money Laundering Figure Arrested in Montenegro

International authorities seek notorious gaming fugitive on Chinese orders

Chinese national Wang Shuiming, one of the most notorious figures in the August 2023 Singapore S$3 billion money laundering case that damaged the city’s reputation as a financial hub and led the government to dramatically tighten its banking procedures, has been arrested by international authorities in the Balkan nation of Montenegro following an Interpol Red Notice issued by China. Authorities allege he orchestrated an illegal betting operation that defrauded users of at least $2.3 billion. Wang had served 14 months in a Singapore prison before being deported to Japan.

A shape-shifting fugitive who held Cambodian and Vanuatu passports and who also claimed Turkish and Chinese citizenship, the 42-year-old Wang, who also went by the name Vang Shuiming, was arrested on January 28 at Montenegro’s Tivat Airport after arriving from the Maldives via private executive jet according to local media outlet Vijesti. He was described as staying ahead of pursuing authorities by frequently changing identities and locations. Criminal charges are pending in the capital city Podgorica against Wang although police haven’t specified the charges or the jurisdiction. According to media reports, Montenegro’s border police said Wang was flagged through Interpol’s database during routine passport checks. His capture was described as part of the country’s intensified efforts to combat financial crimes and illicit activities…