Crime

[TLAOLA, Mexico] Nestled in the lush green mountains of Central Mexico, next to a sparsely traveled gravel road, few people had reason to wander close enough to hear the loud, mechanical whirring of a clandestine cryptocurrency farm.

Its sports partners are monitoring developments as it faces salary disputes

They were nabbed as part of a wider law enforcement operation in Guangxi province

Tens of millions of dollars are being siphoned from ‘cold wallets’

Wu Chong is alleged to have evaded taxes on 123 cars, while another car dealer, Goh Chee Sing, faces charges for funding him

The charges relate to around S$15,000 in underpaid GST and excise duty; he faces a maximum fine of around S$300,000

Scam operators are trying to expand into new markets

Assets linked to alleged crimes include the car, landed property and S$2.4 million in cash

Three individuals reportedly linked to the case were charged with offences including fraud and money laundering