They stole billions. They bought T-Rexes. 🦖💸 We investigate the $2.3 billion Singapore money laundering bust, the largest in the country's history. We break down the flight of Su Binghai and Su Haijin, cyber-scammers who moved their illicit fortune from Asia to London, converting cash into the ultimate "hard asset": fossilized dinosaur skeletons.
1. The "Dino" Asset Class: We analyze the inventory. Investigators seized three complete skeletons—a juvenile Allosaurus, its mother, and a Stegosaurus—valued at $16 million. We explain why criminals are moving beyond art and real estate into natural history markets, where valuations are subjective and regulation is non-existent .
2. The Flight to Quality: How do you move a billion dollars in a week? We expose the playbook. When the heat turned up in Singapore, the network executed a "near-instantaneous flight" to London and Dubai. We discuss the strategy of buying Citizenship by Investment passports and setting up shell companies like "Sioux Empire LTD" to wash money through luxury property and collectibles .
3. The "Unexplained Wealth" Weapon: How did the UK catch them? They didn't prove the crime; they targeted the asset. We explore the Unexplained Wealth Order (UWO), a legal tool that forces owners to prove their money is clean. We discuss how this "civil recovery" method allows governments to seize assets (like dinosaurs) without a criminal conviction .
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