Singapore arrests former captain of alleged scam kingpin Chen Zhi’s yacht. (PHOTO: Getty)
Singapore police have arrested a US-sanctioned man who operated a superyacht for the alleged mastermind of one of Asia’s largest scam networks, Bloomberg reported.
Nigel Tang Wan Bao Nabil was arrested on 11 December after returning to Singapore, according to a police statement Thursday (18 December) in response to a query from Bloomberg. Tang is currently out on bail, according to people familiar with the matter who asked not to be identified.
The police reportedly said in the statement that Tang was arrested for his “suspected involvement in money laundering offences”. It’s believed to be linked to Chen Zhi, whom the US have accused of leading a transnational criminal ring that operated a network of scam compounds with enslaved workers, and companies associated with him.
Prosecutors in the US alleged that Chen and his Prince Holding Group stole from victims of online “pig butchering” operations in the US and other countries, and laundered billions of dollars in illicit funds. The US said the 38 year old is currently “at large”.
Tang, 32, is one of three Singapore citizens who were sanctioned by the US in October for their ties to Chen.
