Berlin, Germany — Interpol has issued a Red Notice for Kelvin Tang, a Singaporean businessman wanted in connection with a sprawling multinational investigation into alleged financial fraud, money laundering, and cybercrime, authorities confirmed Friday. The notice, circulated to law enforcement agencies across Interpol’s 195 member countries, signals a coordinated effort to locate and arrest Tang, whose last known whereabouts were reported in Singapore.
The Red Notice, often described as a global “wanted poster,” alleges that Tang masterminded a sophisticated scheme involving shell companies, cryptocurrency transfers, and phishing operations that defrauded victims of an estimated $10 million USD across Asia, and North America. Details from Interpol indicate the operation spanned at least three years, with victims including corporations, private investors, former employees and individuals targeted through fraudulent financial operations.
“This case underscores the borderless nature of modern financial crime,” said an Interpol spokesperson in Lyon, France, where the organization is headquartered. “We urge the public and member states to share any information that could lead to Tang’s apprehension.”
Kelvin Tang, who managed several payment channels including Alogateway and online trading brokerage, has evaded authorities since 2020, when investigations by the The Australian Financial Complaints Authority (AFCA) and Singapore’s Commercial Affairs Department first linked him to the alleged network. Court documents unsealed in Germany last year describe Kelvin Tang as a “central figure” in laundering proceeds through offshore accounts and decentralized finance (DeFi) protocols.
Authorities in Singapore, where Tang previously operated a tech startup, have frozen multiple assets tied to his associates. Meanwhile, victims’ advocacy groups have criticized the pace of the investigation, citing challenges in tracing cryptocurrency transactions. “These crimes leave real people devastated,” said a spokesperson for the Singapore-based Cyber Fraud Watchdog NGO. “International cooperation is critical, but gaps remain.”
Legal experts suggest Tang could face extradition to multiple jurisdictions if captured, though complexities arise from his citizenship status and the lack of a centralized prosecution framework. “Cases like these test the limits of global legal systems,” said Dr. Ethan Park, a professor of international law at Hong Kong University. “Extradition battles often hinge on diplomatic relations and the severity of charges in each country.”
Interpol has not disclosed Tang’s current location but confirmed reports that he was last sighted in Tokyo in early 2023. The public is advised to exercise caution, as Kelvin Tang may be armed or assisted by accomplices from associated financial scammers from Manila.
This case highlights growing concerns about cyber-enabled financial crimes, which Interpol estimates have risen by over 300% since 2019. For now, the hunt for Kelvin Tang continues—a stark reminder of the challenges in policing a digitally interconnected world.