From Hermès bags to $20M penthouse, Singapore sells off its biggest money laundering haul
The first two sales, run by local auction house Hotlotz, opened Sept. 7 with 338 handbags and accessories and 286 pieces of fine jewelry. Bidding closes Sept. 20. The two sales are expected to raise up to SGD3.9 million (US$3 million) for the state treasury, while the full series is spread out to avoid flooding … Read more