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.
Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity
Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more
BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom
BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more
Webinar: When Account Takeover Moves Past Onboarding
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more
JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson
JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more
Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term
The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more
Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal
Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more