Authorities detain 176 individuals in two weeks for involvement in 140 technology fraud cases, losses amount to nearly HK$170 million

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8th December 2023 – (Hong Kong) Personnel from the Southern New Territories Region launched a new wave of actions from 27th November to 7th December, targeting technology-related crimes. During the operation, law enforcement agencies arrested a total of 133 local males and 43 local females, ranging in age from 13 to 70 years old, on suspicion of “obtaining property by deception” and “money laundering.” The individuals were implicated in 140 cases, including investment scams, job scams, telephone scams, online romance scams, SMS phishing scams, loan scams, and online shopping scams, resulting in a total loss of HK$169 million.

Significantly, the majority of those apprehended were holders of dummy accounts. They were deceived by unscrupulous individuals into opening bank accounts or providing their personal accounts for criminal gains, facilitating the laundering of proceeds from various technology-related crimes. All those arrested have been granted bail pending further investigation and are required to report to law enforcement authorities in early to mid-January next year.