Hong Kong police arrest hundreds in HK$620 million fraud, money laundering crackdown

Hong Kong police have arrested more than 680 people in a series of recent operations targeting deception and money laundering, with suspected criminal proceeds reaching HK$620 million.
In one operation, officers from the cybersecurity and technology crime bureau focused on combating the misuse of bank accounts. Between February and September last year, police received reports from 51 victims of unauthorised transfers from their online bank accounts, ranging from HK$400 (US$50) to HK$10,000, with…  

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