Reported by Rachel Cormack

(Excerpt shared below. To read full report, go to: https://robbreport.com/lifestyle/news/singapore-selling-seized-luxury-goods-1236973684/)

One criminal’s loss could be another collector’s gain.

Luxury goods seized in Singapore’s biggest laundering case will be sold off by Deloitte, according to Channel News Asia. Singapore police handed over 466 high-end items and 58 gold bars to the consulting firm at the start of this week, with the media invited to view the confiscated assets on Tuesday.

The haul included about 50 bags by Louis Vuitton, Hermès, Dior, and Chanel, as well as at least 14 watches from brands such as Patek Philippe, Richard Mille, Van Cleef & Arpels, Rolex, and Audemars Piguet. Also on display were at least 13 cases of high jewelry, one gold plate, and one luxury belt. That standout items that caught our eye are a Patek Philippe World Time Chronograph with an estimated value $93,000