10 defendants remanded in custody in JPEX cryptocurrency fraud case

    10 defendants remanded in custody in JPEX cryptocurrency fraud case

    A Hong Kong court has remanded in custody another 10 people in connection with the HK$1.6 billion (US$205.8 million) in JPEX cryptocurrency scandal, bringing the number prosecuted in the city’s largest alleged financial fraud in recent years to 26. The latest development came nearly three years after the scandal broke out in 2023, when police…

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    Hong Kong’s ICAC charges 5 over alleged building renovation bribery scheme

      Hong Kong’s ICAC charges 5 over alleged building renovation bribery scheme

      Hong Kong’s anti-corruption watchdog has charged five people over alleged bribes – including casino chips and red packets – offered to flat owners and owner corporation members during large-scale renovation projects, worth about HK$90 million (US$11.5 million), at three housing estates. The Independent Commission Against Corruption (ICAC) on Wednesday disclosed details of its crackdown on…

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