Hong Kong Customs cracked a major money laundering case of HK$1.8 billion, involving a virtual currency trading platform (from coinsradar.net)

Hong Kong Customs reported on the 18th that Customs recently successfully cracked a money laundering group, involving more than HK$1.8 billion, and 3 people were arrested.

Hong Kong Customs said that recently, customs officers targeted 3 local people based on intelligence and launched a wealth investigation, and found that they opened multiple local companies and multiple bank accounts from June 2021 to July 2022, and handled more than 1,000 suspicious transactions, including funds transferred from virtual currency trading platforms, involving more than HK$1.8 billion.

Hong Kong Customs took enforcement action on April 17, raided 4 residential units and 7 companies, including 2 money changers, and arrested the 3 suspected local persons involved in the case on suspicion of conspiracy to "deal with property known or believed to represent the proceeds of an indictable crime" (commonly known as money laundering). They are two men and one woman, aged between 42 and 60, and are believed to be the core members of the money laundering group.

During the operation, customs officers seized a batch of suspected items involved in the case, including several mobile phones, company documents and seals, bank cards and remittance documents.

Hong Kong Customs said that the 3 arrested persons are now on bail pending investigation. The case is still under investigation and more arrests are not ruled out. #BTC #内容挖矿 #trading