Before he was arrested last month for allegedly running the world’s largest cybercrime computer network, Wang YunHe enjoyed a lavish lifestyle in Singapore.
He had a bank account in the city state, was a director of several local companies and lived in a multimillion-dollar apartment overlooking a prime shopping district, according to an indictment and local documents. Meanwhile, the 35-year-old Chinese national amassed wealth by offering cybercriminals access to millions of infected devices for a fee, the US Department of Justice said.
The case puts a new spotlight on the challenges of overseeing the flow of foreign wealth into Singapore, less than a year after 10 people of Chinese descent were charged in the country’s biggest money laundering scandal.
