Gang Steals HK$5.9mn With Lost ID Of Bank Customer
"); jQuery("#212 h3").html("

"); });
2018-04-18 HKT 18:56
Police are looking for four people suspected of stealing HK$5.9 million from a bank using the lost ID card of a 61-year-old account holder.
The account holder had lost his ID card last year and officers said someone used it to impersonate the customer and withdraw the money.
Police said the operation was conducted over two days and the gang behind it used two branches, one in Central and one on Nathan Road in Kowloon.
The criminals withdrew around HK$190,000 in cash, and transferred HK$5.7 million to a jewellery shop, buying 17 gold bars.
Officers released photos of four suspects and appealed to anyone with information on the case to come forward.
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more
