CRIMEJun 23 · 10:15 UTCSCMP CHINATheodora Yu

Hong Kong police arrest 69 over laundering HK$200m from cross-border fraud

Hong Kong police arrested 69 individuals, including 54 men and 15 women aged 18-60, in a joint operation with mainland Chinese authorities to investigate a money laundering syndicate linked to HK$200 million in cross-border investment fraud affecting over 170 victims. The suspects allegedly used 'mule' bank accounts to launder funds.

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Hong Kong policeorganizationmainland Chinese authoritiesorganizationcross-border investment fraudtopicmule bank accountstopic

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