Hong Kong customs arrests 7 in a $1.8 billion money laundering case linked to transnational crime
10 months, 1 week ago

Hong Kong customs arrests 7 in a $1.8 billion money laundering case linked to transnational crime

Associated Press  

HONG KONG — Hong Kong customs officials have arrested seven people linked to the territory’s largest ever money laundering case, involving about 14 billion Hong Kong dollars some of it linked to a scam case in India. One account once received as much as 100 million Hong Kong dollars on a single day, they said. Ip Tung-ching, the head of customs financial investigation bureau, said 2.9 billion Hong Kong dollars of the total was suspected to be linked to a scam case involving a mobile application in India. The previous record money laundering case involved about 6 billion Hong Kong dollars and arrests of nine people in January 2023.

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Hong Kong customs arrest 7 people in one of largest ever money laundering cases
10 months, 1 week ago

Hong Kong customs arrest 7 people in one of largest ever money laundering cases

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Hong Kong customs officials have …

Hong Kong Customs detects first-ever money laundering case via transnational diamond trading
11 months, 3 weeks ago

Hong Kong Customs detects first-ever money laundering case via transnational diamond trading

China Daily  

HONG KONG -- Hong Kong Customs on Thursday announced that it has smashed a large-scale transnational money laundering syndicate that had laundered about 500 million Hong Kong dollars, the first-ever money laundering case using transnational diamond trading detected by Customs. A Customs spokesperson told a press briefing that Customs officers targeted a suspected transnational money laundering syndicate, initiated a financial …

Hong Kong offers awards for arrests of activists abroad for breaching national security law
1 year ago

Hong Kong offers awards for arrests of activists abroad for breaching national security law

Associated Press  

HONG KONG — Hong Kong police accused five overseas-based activists of violating a harsh national security law imposed by Beijing and offered rewards of 1 million Hong Kong dollars on Thursday for information leading to each of their arrests. Both the Beijing and Hong Kong governments have praised the security law, saying it brought back stability to the semi-autonomous Chinese …

Australian police charge 7 with laundering hundreds of millions for Chinese crime syndicate
1 year, 1 month ago

Australian police charge 7 with laundering hundreds of millions for Chinese crime syndicate

LA Times  

A sign for a Changjiang Currency Exchange business is displayed in Melbourne on Thursday. Police said a money remittance chain in Australia with a dozen outlets, the Changjiang Currency Exchange, was being secretly run by the Long River money-laundering syndicate. They said the chain legitimately transferred billions of dollars from regular customers, but hidden among those transactions were illegal transfers …

Hong Kong and Macao police arrest 4 more people linked to JPEX cryptocurrency platform
1 year, 2 months ago

Hong Kong and Macao police arrest 4 more people linked to JPEX cryptocurrency platform

Associated Press  

HONG KONG — Police in Hong Kong and Macao said Friday they arrested four more people linked to the cryptocurrency platform JPEX, which is suspected to have defrauded more than 2,400 people of almost $200 million. Hong Kong police said in a news conference Friday they had arrested two men, one of whom had been trying to destroy documents with …

Hong Kong to scrutinize cryptocurrency regulation after arrests linked to JPEX exchange
1 year, 3 months ago

Hong Kong to scrutinize cryptocurrency regulation after arrests linked to JPEX exchange

Associated Press  

HONG KONG — Hong Kong’s leader said Tuesday that the territory will scrutinize the regulation of digital assets after police arrested eight people over allegations of fraud at an unlicensed cryptocurrency exchange that impacted more than 1,600 investors and over $150 million in assets. “This incident highlights the importance that when investors want to invest in virtual assets, then they …

Hong Kong police arrests 10 persons for 'colluding with foreign forces' to support pro-democracy activists
1 year, 4 months ago

Hong Kong police arrests 10 persons for 'colluding with foreign forces' to support pro-democracy activists

India TV News  

In another escalation of cracking down on dissidents, the Hong Kong Police on Thursday arrested 10 people on suspicions of supporting overseas activists who participated in the 2019 pro-democracy protests and have now fled the semi-autonomous city. China's crackdown against pro-democracy lawmakers Hong Kong's Chief Executive John Lee has strongly asserted that eight pro-democracy activists who are living in other …

Hong Kong targets exiles’ loved ones as crackdown turns to old CCP playbook
1 year, 4 months ago

Hong Kong targets exiles’ loved ones as crackdown turns to old CCP playbook

Al Jazeera  

Hong Kong authorities are targeting the relatives of activists overseas in latest sign of alignment with mainland China. Taipei, Taiwan – After silencing Hong Kong’s pro-democracy movement, authorities in the territory have found a new target: the family members of dissidents who fled overseas. Hong Kong authorities’ shift to targeting families is the latest sign of the city’s growing alignment …

Hong Kong police arrest 4 men accused of supporting people overseas endangering national security
1 year, 5 months ago

Hong Kong police arrest 4 men accused of supporting people overseas endangering national security

Associated Press  

HONG KONG — Hong Kong police on Wednesday arrested four men they accused of providing financial support to people who fled overseas and are involved in activities endangering national security, escalating a high-profile crackdown on dissidents in the semi-autonomous Chinese city. On Monday, police accused eight overseas activists, including Law, of violating Hong Kong’s harsh National Security Law and offered …

HK police offer cash rewards for fugitives
1 year, 5 months ago

HK police offer cash rewards for fugitives

China Daily  

Hong Kong police on Monday said they are offering a reward of HK$1 million for each of eight fugitives wanted for endangering national security. Ted Hui Chi-fung, a former lawmaker who jumped bail and fled Hong Kong at the end of 2020, is charged with three offenses: inciting secession, inciting subversion of State power and collusion with external forces to …

Australia, UK, US condemn Hong Kong bounty for exiled activists
1 year, 5 months ago

Australia, UK, US condemn Hong Kong bounty for exiled activists

Al Jazeera  

Police offer 1 million Hong Kong dollars for each of the activists whom they accuse of endangering national security. Hong Kong accuses the eight, including three former legislators, of “collusion with foreign forces” under the National Security Law, which Beijing imposed on the territory in 2020. The eight “committed serious crimes endangering national security, advocated sanctions, undermined Hong Kong and …

Hong Kong bans CBD, a move that forces businesses to shut down or revamp
1 year, 10 months ago

Hong Kong bans CBD, a move that forces businesses to shut down or revamp

NPR  

Hong Kong bans CBD, a move that forces businesses to shut down or revamp Enlarge this image toggle caption Alice Fung/AP Alice Fung/AP HONG KONG — Hong Kong banned CBD as a "dangerous drug" and imposed harsh penalties for its possession on Wednesday, forcing fledging businesses to shut down or revamp. Sponsor Message The new rule reflects a zero-tolerance policy …

CBI seizes ₹94 lakh cash in connection with cases related to illegal remittances sent to Hong Kong
1 year, 11 months ago

CBI seizes ₹94 lakh cash in connection with cases related to illegal remittances sent to Hong Kong

The Hindu  

The Central Bureau of Investigation has seized ₹94 lakh cash during searches at 18 locations in connection with three ongoing cases related to illegal remittances worth over ₹155 crore sent to Hong Kong camouflaged as payments for fake imports during 2014-16, officials said. The Central Bureau of Investigation is probing three cases related to foreign exchange remitted abroad by nine …

Hong Kong customs seize record meth haul worth $140 million
2 years, 1 month ago

Hong Kong customs seize record meth haul worth $140 million

Associated Press  

HONG KONG — Hong Kong customs seized 1.8 metric tons of liquid methamphetamine in the city’s biggest-ever meth bust, authorities said Saturday. The drugs, which were seized Oct. 23, had been concealed in bottles labeled as coconut water in a cargo shipment that arrived in Hong Kong by sea, according to a government statement. The stash of drugs were bound …

6 students among 9 arrested in alleged Hong Kong bomb plot
3 years, 5 months ago

6 students among 9 arrested in alleged Hong Kong bomb plot

Associated Press  

HONG KONG — Nine people, including six secondary school students, were arrested in Hong Kong on Tuesday for allegedly plotting to set off homemade bombs in courts, tunnels and trash cans as political tensions rise in the city where China is tightening its grip. Police accused the group of planning to use the explosive to bomb courts, cross-harbor tunnels, railways …

Hong Kong Police Seize Record 700kg Cocaine Smuggled into City by Speedboats
3 years, 8 months ago

Hong Kong Police Seize Record 700kg Cocaine Smuggled into City by Speedboats

News 18  

Hong Kong police announced a record-breaking 700 kilogramme cocaine seizure on Sunday with officers suspecting the huge shipment was smuggled into the city on speedboats. Police said the bust was made on Friday when officers intercepted a man with a trolley in the Fo Tan industrial district and found 150 bricks of cocaine in cardboard boxes. “We believe were transported …

Delhi: I-T department raids premises of Chinese entities, associates with suspected hawala links for alleged money laundering
4 years, 4 months ago

Delhi: I-T department raids premises of Chinese entities, associates with suspected hawala links for alleged money laundering

Firstpost  

The search revealed that a subsidiary of a Chinese company, related concerns took over Rs 100 crore advances from shell entities for opening retail showrooms New Delhi: Based on credible information regarding Chinese individuals and their associates being involved in money laundering and hawala, the Income Tax Department on Tuesday carried out searches on the premises of Chinese entities, their …

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