Six Arrested Over Online Transaction Scams
"); jQuery("#212 h3").html("
"); });
2022-03-05 HKT 15:38
Share this story
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.
EDENA Unveils AI System To Automate Sovereign Asset Settlement
At the DAT Summit Hong Kong, EDENA Capital Partners launched the Autonomic Financial OS. The company describes it as an... Read more
Naver Exposes 15,000 Knowledge IN Users Activity, Moves To Improve Privacy Controls
Naver has announced measures following an incident in which around 15,000 users’ activity histories on Knowledge iN w... Read more
Japans PayPay Files For US IPO, Targets Valuation Above US$10B
SoftBank‘s digital payments unit, PayPay, has filed publicly for a US IPO. The listing could be the largest by a Japa... Read more
Inference Research Launches In Hong Kong With US$20M Seed Funding
Inference Research, an AI-native quantitative trading firm based in Hong Kong, has announced its launch and the expecte... Read more
London-Based Unlimit Appoints Michele Fung To Lead APAC Expansion
London-based fintech company Unlimit, which provides a broad range of financial technology services, has appointed Mich... Read more
SoFi Launches Digital Asset Trading In Hong Kong Through OSL Partnership
SoFi Securities (Hong Kong) (SoFi Hong Kong) and OSL Group have announced a partnership to offer digital asset trading ... Read more