SINGAPORE – Three people were charged with money laundering in separate cases on May 9, and two of them allegedly received scam benefits totalling more than $350,000 in bank accounts,

Police said that the third person is accused of transferring cryptocurrency worth at least $96,000 to a crypto wallet, and the funds were later traced to a foreign scam victim.

On May 9, Tan Lizhen, 37, was charged with one count of dealing with the benefits of criminal conduct.

Jiang Desheng, 42, was handed two similar charges, while Wu Xuanyi, 43, was handed three money laundering-related charges and a cheating charge. He was also charged with two counts of misusing a computer system.

Wu and Tan are Singaporeans, while Jiang is a Chinese national.

Tan is accused of receiving $20,000 in her bank account on March 28, 2024, for which she allegedly did not take steps to ascertain the source of.

Police said in a statement on May 8 that she had allegedly received the money for a peer-to-peer transaction in cryptocurrency and the funds were later traced to a scam victim.

In an unrelated case, Jiang allegedly received a 1kg gold bar worth more than $105,000 from an unknown person around Aug 31, 2024.

Court documents stated that the gold bar is said to be part of the benefits of criminal conduct of one “Mei Se Hui” whom Jiang did not know.

According to the police, Jiang allegedly transferred cryptocurrency worth at least $96,000 to a cryptocurrency wallet.

Court documents stated that he allegedly committed this offence on Sept 1 that year and the funds were also said to be part of the benefits of Mei’s criminal conduct.

Details about Mei’s actual identity were not disclosed.

In their statement, the police said that the cryptocurrency was traced to a foreign scam victim’s losses.

Separately, Wu was allegedly part of an arrangement in which cash totalling more than $334,000, believed to be benefits of criminal conduct, were dealt with in two bank accounts in April 2024.

Police said that the money had been traced to four scam victims.

The following month, he was allegedly in a conspiracy with one Tee Boon Seng to cheat a bank.

Court documents stated that Wu allegedly duped the bank into believing that Tee would be the sole operator of an account with it.

Wu is also accused of helping an unknown person unlawfully access a separate bank account belonging to Tee in the same month. Tee’s details were not disclosed in court documents,