Police Swoop On Part-time 'dating' Agency
"); jQuery("#212 h3").html("

"); });
2018-04-01 HKT 18:20
Police arrested 19 people in connection with a part-time escort agency on Sunday.
They arrested six males and six females - including an Indonesian domestic helper, as well as six alleged customers.
They also detained one person described as a "middleman", who’ they said arranged the dates and posted online ads that purported to be for public relations jobs but were really recruiting prostitutes.
Those detained for acting as escorts were aged between 16 and 40 and included three male students. They are accused of taking between HK$1,000 and HK$4,000 for servicing customers.
The arrests result from an operation by undercover police.
Police said those detained were arrested for soliciting for an immoral purpose and soliciting prostitution.
They said young people getting involved in the escort business were putting themselves at risk, and could end up in the clutches of crime syndicates.
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