We live in a scammer’s world. We get texts from unknown numbers with an odd tone of familiarity. We have been promised breathtaking profits in ads on social media. We have encountered characters on dating apps who seemed too good to be true. It’s not just us, of course. Most people have heard stories or…
Every few weeks, fireworks light up the night sky in Cambodia, set off by scammers to salute their biggest swindles. By the time the shells pop and crackle, somebody’s life savings are probably gone. Maybe the victim fell for an online romance scam or bought into a fake cryptocurrency exchange. Whatever the scheme, the money…
A Hong Kong court has acquitted a former chairman of Pok Oi Hospital who was linked to a London gold trading scam by holding a banking account that was allegedly used to launder more than HK$2.65 million (US$341,000). Deputy District Judge Jason Wan Siu-ming told defendant Sidney Siu Yim-kwan, 78, that the court believed he…
Hong Kong’s anti-corruption agency has arrested 22 individuals, including 18 bank employees who allegedly accepted HK$2 million (US$257,372) in bribes from an intermediary to defraud the institutions of referral fees in mortgage loan applications. The 13 men and nine women, aged between 31 and 56, were arrested in raids at more than 30 locations earlier…
Hong Kong’s anti-corruption agency has arrested 22 individuals, including 18 bank employees who allegedly accepted HK$2 million (US$257,372) in bribes from an intermediary to defraud the institution of referral fees in mortgage loan applications. The 13 men and nine women, aged between 31 and 56, were arrested in raids at more than 30 locations earlier…
Hong Kong police have smashed a fraud syndicate and arrested six suspects who allegedly cheated at least 12 victims out of about HK$520,000 (US$66,667) in a series of phone scams since last November. Officers on Sunday also urged schools to be on their guard against phone fraudsters after syndicate members were found in some cases…
Hong Kong police have arrested two brothers on suspicion of defrauding a 79-year-old retiree out of HK$2.6 million (US$334,400) and laundering the funds. One of the brothers, a 29-year-old bank officer surnamed Li, allegedly convinced the elderly man in 2023 that he could set up an internet banking account for investment purposes, police said on…
Hong Kong police have arrested two brothers on suspicion of defrauding a 79-year-old retiree out of HK$2.6 million (US$334,400) and laundering the funds. One of the brothers, a 29-year-old bank officer surnamed Li, allegedly convinced the elderly man in 2023 that he could set up an internet banking account for investment purposes, police said on…
A Hong Kong court has remanded a Taiwanese woman in custody over an alleged money laundering offence six years ago. Chen Hui-chih, 55, was arrested last month when she entered the city in a tour group that included a Taiwanese legislator and other officials. West Kowloon Court on Friday refused to grant bail to Chen,…
A Hong Kong court has remanded a Taiwanese woman in custody over an alleged money laundering offence six years ago. Chen Hui-chih, 55, was arrested last month when she entered the city in a tour group that included a Taiwanese legislator and other officials. West Kowloon Court on Friday refused to grant bail to Chen,…