Two Dozen Helpers Arrested Over Money Laundering

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

Related News Programmes

"); });

2021-07-28 HKT 16:07

Share this story

facebook

  • Police urge people not to sell or lend their bank accounts to others. Image: Shutterstock

    Police urge people not to sell or lend their bank accounts to others. Image: Shutterstock

Police said on Wednesday that they had arrested 29 people, including 24 foreign domestic workers, in connection with a suspected HK$27 million money laundering scheme.

The force said a syndicate used 35 bank accounts belonging to helpers to launder money obtained via 20 romance scams in the past year.

The police's financial intelligence and investigation bureau said the scammers claimed on social media to be professionals from Europe, the United States or Southeast Asia and developed online relationships with the victims.

People were then conned into depositing money into the helpers' bank accounts which were being controlled by the syndicate.

In one case, a woman was allegedly cheated out of HK$1.68 million by a scammer who claimed to be a computer technician from Cyprus. The fraudster told the woman he would come to Hong Kong to meet her, but they subsequently lost touch and the woman reported the matter to the police in January.

The helpers were paid up to several thousand dollars for letting the syndicate use their bank accounts, police alleged.

Acting Superintendent Tang Hoi-tung warned people not to sell or lend their bank accounts to others.

RECENT NEWS

Five Years In: Lessons From Asias Digital Bank Revolution | David Becker, MD APAC, Mambu

Digital banking in Asia was supposed to change the world. Five years later, did it live up to the hype? In this in-dept... Read more

19th Asian Financial Forum To Spotlight Finance And Global Opportunities

The 19th Asian Financial Forum (AFF), co-organised by the Hong Kong SAR government and the Hong Kong Trade Development ... Read more

HK Banks Launch Money Safe Service To Protect Deposits

The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) announced on 30 December that all... Read more

HashKey Lists On Hong Kong Exchange

HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more

North Korea Linked To Over Half Of 2025 Crypto Heist Losses

TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more

South Korea Forms Task Force After Coupang Data Breach

The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more