Why organized crime puts its money on online gambling
en.setopati.com · Thu Aug 01 02:09:45 UTC 2024

Squeaky-clean Singapore was recently scandalized by a massive money-laundering operation that made use of its ultra-modern financial technology networks to launder billions of dollars of ill-gotten gains from online casinos in neighboring countries.
The case highlighted how the unholy trinity of illegal online gambling, scam centers and illegal drug trafficking are generating billions in profits for international criminal gangs and how countries are being manipulated for their ends.
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