14 arrested in Hong Kong over cross-border syndicate that laundered HK$230 million
Hong Kong police have arrested 14 people in a crackdown on a cross-border syndicate that allegedly laundered more than HK$230 million (US$29.5 million) from bank accounts linked to dozens of job and investment scams, with victims losing more than HK$18 million. Chief Inspector Lo Yuen-shan of the commercial crime bureau said on Friday that members…