According to Foresight News, according to Oriental Daily, after in-depth analysis, Hong Kong law enforcement agencies smashed three money laundering groups this month and successfully arrested 27 people. The investigating police officer said that in March this year, the law enforcement agencies received an investigation request from the Singaporean authorities. The stolen money worth about HK$30 million in more than 30 fraud cases in the local area flowed into puppet accounts in Hong Kong after multiple transfers.
In August this year, Hong Kong law enforcement agencies launched an operation codenamed "Black Brain", arresting a total of 7 people including the mastermind, core members and puppet account holders of the group. At the same time, about 300,000 Hong Kong dollars in cash and more than 60 bank cards were seized from one of the arrested persons, and the group was promptly prevented from transferring about 1.3 million Hong Kong dollars in criminal proceeds from the account. Five of the arrested persons have been filed and prosecuted for money laundering. In addition, the "Wei Ge" and "You Xia" operations also destroyed two groups respectively.
Data shows that in the first half of this year, Hong Kong law enforcement agencies arrested 5,693 people for money laundering-related crimes, a 40% increase from the same period last year. Among them, 4,465 were puppet account holders, accounting for 78% of the arrested persons.