The owners of an independent Hong Kong bookshop have been released on bail two days after being arrested by national security police on suspicion of sedition and money laundering, the South China Morning Post has learned. A source familiar with the matter said the two owners of Hunter Bookstore – former district councillor for the…
Hong Kong national security police have arrested the owner and another person at an independent bookshop for alleged sedition and money laundering. Officers searched Hunter Bookstore in Sham Shui Po on Wednesday and arrested the owner, former district councillor Leticia Wong Man‑huen, and a local man. They were detained on suspicion of committing acts with…
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…
Hong Kong authorities froze HK$261 million (US$33.4 million) in suspected criminal proceeds linked to money laundering and drug trafficking last year, but experts say it may take as long as seven years for any of the funds to reach government coffers. According to data from the Joint Financial Intelligence Unit, run by police and customs,…
Hong Kong customs officers have arrested two men who allegedly smuggled cash out of the city and made suspicious transactions, including with a popular stablecoin, to launder HK$1.15 billion (US$146.5 million). A Customs and Excise Department spokesman said on Tuesday that an investigation into the pair found they had smuggled cash out of the city….