Five Teens Arrested Over Jewellery Shop Heist

"); jQuery("#212 h3").html("

"); });
2021-05-01 HKT 13:56
Police say they have arrested five teenagers, the youngest just 14, in connection with the theft of two gold bracelets worth HK$56,000 from a jewellery shop in Tai Po on Thursday.
Officers say the group, aged between 14 and 17, study at four different secondary schools in the district.
Detective Superintendent Johnson Chong said initial investigations suggest the youths planned the heist themselves and have no connection to triads.
"The action was premeditated and involved the division of labour," he said.
Chong said three of the suspects are believed to have acted as a lookouts while another two entered the shop at Tai Po Plaza at almost the same time, both claiming they wanted to buy some goods.
While the second teenager distracted the staff, the first to enter the shop allegedly ran off with the bracelets they were looking at.
Chong said police had found the stolen goods at the home of one of the lookouts.
The police warn that theft offences carry a maximum term of 10 years in prison.
HSBC Fined HK$4.2M Over Disclosure Breaches In Research Reports
The Securities and Futures Commission (SFC) has reprimanded and imposed a fine of HK$4.2 million on HSBC for breaching ... Read more
Philippines: The Hidden Fintech Gem You Cant Afford To Miss | Lito Villanueva
The Philippines is the fastest-growing digital economy and home to one of Southeast Asia’s most valuable fintech unic... Read more
SBI And Chainlink Partner On Blockchain And Digital Asset Use
SBI Group, one of Japan’s largest financial conglomerates with assets exceeding the equivalent of US$200 billion, has... Read more
China Considers Yuan-Backed Stablecoins To Advance Global Currency Push
China is considering permitting the use of yuan-backed stablecoins for the first time in a move that could support wide... Read more
Financial Sanctions: LSEG Risk Intelligence Answers Your Key Questions
Financial sanctions are essential government tools for achieving foreign policy objectives – and compliance is mandat... Read more
Korea Development Bank Leads $45M Bridge Round For Upstage
South Korea’s Upstage has secured a US$45 million Series B bridge round supported by Korea Development Bank (KDB), Am... Read more