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Hong Kong police hunt 3 suspects over US$12 million gold theft

Hong Kong police hunt 3 suspects over US$12 million gold theft

Hong Kong police have launched a manhunt for three people involved in a suspected deception case in which a shop reportedly lost 73kg of gold bars worth an estimated US$12 million, the South China Morning Post has learned.

The force said on Friday that a woman in Hung Hom had made a report around 2.57pm that a nearby shop was suspected to have been “burgled”. The woman said the shop owner had told her someone had stolen the gold bars before fleeing in a private vehicle.

A source said the case involved a privately owned gold shop located in the Peninsula Square commercial building on Sung On Street.

A former partner of the shop allegedly tricked the manager into handing over gold bars worth around US$12 million, the source said. The man then got into a black Tesla with his wife and a male driver and fled the scene.

The force said that during the investigation officers pulled over a white vehicle, but it was later determined to be unrelated to the case.

The car was reportedly stopped near a toll plaza on the North Lantau Highway on the way to the airport.

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