More than $1.3 million in auction bids for luxury items seized in $3b money laundering case

Published Sep 07, 2026, 06:42 PM

Updated Sep 07, 2026, 06:42 PM

Over $1.3 million in auction bids were registered for luxury items seized in $3 billion money laundering case.

The first auction features 338 luxury handbags and accessories, and 286 fine jewellery lots including a 15.02 carat fancy yellow diamond ring.

The case involved 10 foreigners linked to organised crime; Deloitte manages the seized assets, with upcoming auctions planned till May 2027.

SINGAPORE - Potential buyers registered over $1.3 million in auction bids for luxury items seized in the $3 billion money laundering case.

The items are being put up by local auction house Hotlotz in a series of 15 timed, online-only auctions.

The first two in the series, featuring luxury handbags and accessories in one, and fine jewellery in the other, were opened for bidding at 10am on Sept 7.

One of the most popular items in the luxury handbags and accessories auction is a Yayoi Kusama x Louis Vuitton pumpkin bag. It garnered 10 bids as of 5pm, including t he highest bid so far at $18,000 .

The auction, which features 338 lots of items, including bags from Chanel, Louis Vuitton and Christian Dior, will end at 4pm on Sept 20.

The fine jewellery auction, which has been listed as part one of the jewellery items, features 286 lots of items and will end at 4pm on Sept 27.

The item expected to fetch the highest bid in the auction is a 15.02 carat “fancy yellow” diamond ring.

As of 5pm on Sept 7, there were four bids registered with the highest being $190,000 .

The jewellery on auction include those from Harry Winston, Van Cleef and Arpels, and Cartier.

The jewellery pieces include a matching pair of plain gold band rings listed at the very end of the catalogue.

The rings are described as having a “spot hammered finish” with “some scratches”. Bids start at $200 – the lowest among the items listed in the jewellery auction.

The rings bear a heart shaped inscription on the inner band. One is engraved with the initials SHJ and the other WQ.

They appear to be the initials for convicted money launderer Su Haijin and his wife Wu Qin. When asked about this, Hotlotz declined to comment.

There were no bids registered for the rings as of 5pm on Sept 7.

The $3 billion money laundering case involved an extensive network of people and shell companies in a case linked to ill-gotten gains from scam operations and illegal online gambling activities.

Investigators learnt of the extent of the network after 10 foreigners were nabbed in August 2023 when the police conducted simultaneous raids across the island at various locations.

The 10 were later convicted, sentenced and deported.

About $3 billion in assets were seized in relation to the case, including properties and luxury items such as bags, watches, jewellery and alcohol.

Professional services firm Deloitte, which was appointed by the police in 2025 to manage and liquidate the seized assets, said on Aug 29 that over 1,000 luxury items forfeited in connection to the case would be put up for public auction through Hotlotz.

The 15 auctions are slated to run between September 2026 and May 2027.

Subsequent tranches of auctions in the series will include handbags by Hermes and luxury timepieces from watchmakers including Patek Philippe, Richard Mille and Rolex.

That next tranche of auctions is expected to be held sometime in November.

All proceeds from the sale of the assets will be paid into the Consolidated Fund.

David Sun is The Straits Times’ crime correspondent. He has a background in criminology and is a licensed private investigator.

发布于 2026 年 9 月 7 日下午 6:42

更新于2026年9月7日下午6:42

在30亿美元洗钱案中查获的奢侈品拍卖会上，成交额超过130万美元。

首场拍卖会包括 338 件奢侈手袋和配饰，以及 286 件高级珠宝，其中包括一枚 15.02 克拉的艳彩黄钻戒指。

该案涉及 10 名与有组织犯罪有关的外国人；德勤负责管理查获的资产，计划在 2027 年 5 月之前举行拍卖。

新加坡——在涉案金额高达 30 亿美元的洗钱案中查获的奢侈品，潜在买家已登记了超过 130 万美元的拍卖竞价。

这些物品将由当地拍卖行 Hotlotz 进行一系列 15 场限时在线拍卖。

该系列的前两场拍卖会于 9 月 7 日上午 10 点开始竞拍，一场是奢侈手袋和配饰，另一场是高级珠宝。

在这次奢侈手袋和配饰拍卖会上，最受欢迎的拍品之一是草间弥生 x 路易威登联名款南瓜包。截至下午5点，这款包已收到10次出价，其中最高出价为18000美元。

此次拍卖会共有 338 件拍品，包括 Chanel、Louis Vuitton 和 Christian Dior 的包袋，将于 9 月 20 日下午 4 点结束。

此次高级珠宝拍卖会作为珠宝类拍品的第一部分，共有 286 件拍品，将于 9 月 27 日下午 4 点结束。

预计本次拍卖会上成交价最高的物品是一枚15.02克拉的“艳彩黄钻”戒指。

截至9月7日下午5点，共有4份投标书登记在册，最高出价为19万美元。

此次拍卖的珠宝包括来自 Harry Winston、Van Cleef & Arpels 和 Cartier 的作品。

珠宝首饰包括一对配套的素面金戒指，列于目录的最后。

这些戒指被描述为“表面有锤纹”，并“有一些划痕”。起拍价为200美元——是此次珠宝拍卖会所有拍品中最低的。

戒指内圈上都刻有心形铭文。一枚刻有字母缩写 SHJ，另一枚刻有 WQ。

它们似乎是已被定罪的洗钱犯苏海金及其妻子吴琴的姓名首字母。当被问及此事时，霍特洛茨拒绝置评。

截至9月7日下午5点，尚无人对这些戒指提出竞标。

这起涉案金额高达 30 亿美元的洗钱案涉及庞大的人员网络和空壳公司，与诈骗活动和非法网络赌博活动获得的不义之财有关。

2023 年 8 月，警方在全岛各地同时展开突袭行动，抓获了 10 名外国人，调查人员这才了解到该犯罪网络的规模。

这10人后来被定罪、判刑并驱逐出境。

与此案相关的资产被查封约 30 亿美元，其中包括房产和奢侈品，如包袋、手表、珠宝和酒类。

德勤会计师事务所于 2025 年受警方委任管理和清算查获资产，该公司于 8 月 29 日表示，与此案有关的 1000 多件被没收的奢侈品将通过 Hotlotz 进行公开拍卖。

这15场拍卖会计划于2026年9月至2027年5月期间举行。

该系列后续拍卖会将包括爱马仕手袋和百达翡丽、理查德·米勒和劳力士等制表商的奢侈腕表。

下一批拍卖预计将于11月举行。

出售资产所得款项将全部缴入综合基金。

大卫·孙是《海峡时报》的犯罪记者。他拥有犯罪学背景，并且是一名持证私人侦探。