SINGAPORE, Aug. 22 -- A director of a company linked to Singapore's multimillion-dollar luxury goods scam has been charged with money laundering, as authorities move to recover properties in Thailand that could potentially compensate victims.

Local news site CNA reported that Yap Lee Peng Somchai, 30, was charged yesterday with transferring property while having reasonable grounds to believe it represented benefits from criminal conduct, as well as failing to exercise reasonable diligence as a company director, the Singapore Police Force (SPF) said.

She was a director of Tradeluxury Pte Ltd, which operated primarily as an online reseller of luxury bags, and was also an authorised signatory of its bank account, SPF said.

Between May and...