The man who was last among the 10 suspects in the $3 billion money laundering case to indicate he wanted to plead guilty was on June 6 convicted of money laundering and forgery.
Vanuatu national Su Jianfeng, who pleaded guilty to two charges, has agreed to forfeit $178.9 million of his seized assets to the state.
Another 12 charges will be taken into consideration for his sentencing on June 10.
Su is the ninth person to be convicted in Singapore's biggest money laundering case. His forfeited assets represent 95.5 per cent of the assets seized from him and his wife Chen Qiuyan.
Deputy Public Prosecutor Grace Teo said Su was involved in an illegal online gambling business based in the Philippines. He profited from helping with advertising, as well as managing the workers operating gambling websites that targeted punters in China.
The prosecution said Su joined the operation some time in 2013, initially working from Kuala Lumpur before moving to Manila.
He moved to Singapore in August 2020 as he wanted his children to study here, said DPP Teo.
Su's money laundering charge pertains to him possessing $550,903 in cash believed to be illicit benefits from his gambling offences. The cash was seized from a safe in his bedroom when he was arrested in August 2023.
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