[madmax8888]

Originally Posted by JasonJG

It used to be No.1, but PRC govt actually monitors cross border movements of big sums of money to individual accounts, and suspicious transactions could lead to their accounts being frozen. Hence, many MLs/FLs "remit" their money through some middlemen.

From what I know, there are a number of PRC individuals that act as middlemen for "remittance", whereby the MLs/FLs hand their money to a middleman in Singapore and the middleman's partner in the PRC would transfer the equivalent amount into the MLs/FLs' PRC bank account. In this way, there is no cross border movement of the actual sums.

Understood from friend this modus operandi also happening in normal business sectors.