Six Arrested Over Online Transaction Scams

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

"); });
2022-03-05 HKT 15:38
Police on Saturday said they have arrested six people in connection with 72 online scams involving HK$4.9 million worth of luxury items.
The force said it believed it has smashed a syndicate suspected to have written invalid cheques and forged proof of bank transfers to buy expensive products online since September.
Tang Kwok-hin, acting superintendent of the force's Commercial Crime Bureau, said officers arrested three men and three women, aged between 20 and 47 on suspicion of conspiracy to defraud on Thursday.
He said officers found receipts from the sales of the items when they arrested the six, and have also retrieved items like luxury handbags and watches with a total value of HK$680,000 from different pawn shops.
TOPPAN Edge Becomes Japans First Qualified VLEI Issuer
The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more
SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation
The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more
Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin
South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more
China Funds Research On Stablecoins And Cross-Border Oversight
China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more
XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership
XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more
Brinc Launches VentureVerse Through Acquisition Of OG Club
Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more