Hong Kong anti-corruption agency arrests 22 people over HK$2 million mortgage fee fraud

Hong Kong anti-corruption agency arrests 22 people over HK$2 million mortgage fee fraud

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…

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Hong Kong anti-corruption agency arrests 22 people over HK$2 million mortgage fee fraud

Hong Kong anti-corruption agency arrests 22 people over HK$2 million mortgage fee fraud

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…

Read More