A Hong Kong man has been jailed for nearly four years after admitting to laundering millions of dollars in criminal proceeds through bank accounts linked to investment and romance scams. The 38-year-old defendant was sentenced on Wednesday to a total of 44 months’ imprisonment after pleading guilty to two counts of money laundering at the…
Police have arrested two doctors and a married couple for allegedly masterminding more than 20 “crash-for-cash” scams, with officers investigating over 100 suspicious cases in a fraud epidemic that has become the talk of Hong Kong. Police said on Wednesday that the three men and a woman were detained on suspicion of conspiracy to defraud….
Hong Kong police have arrested 71 people for operating stooge accounts used by scammers, with the largest case involving a senior director at a multinational company who was defrauded of HK$134 million after transferring the funds to criminals impersonating his chief executive. Inspector Tsang Kin-wa of the Hong Kong Island regional technology and financial crime…
Complaints against Hong Kong property agents jumped 56 per cent in 2025, outpacing the rise in property transactions, as a reviving housing market exposed pressure points in industry practices, according to the Estate Agents Authority (EAA). The EAA said it opened 253 complaint cases in 2025, up from 162 in 2024, even as overall residential…
Nearly a third of scam victims who sought counselling through a Hong Kong welfare group’s crisis hotlines last year had possible suicidal tendencies, according to a study by the organisation. The Caritas Family Crisis Support Centre said on Sunday that its hotline service handled 3,983 debt-related cases in 2025, with more than 31 per cent…
Good morning. There’s been a recurring theme to some of the AI conversations I’ve had this week: using the technology to find things in sprawling corporations. For all that agentic AI promises for the future, several executives told me that the real value right now is in locating assets—documents, devices, intellectual property, et cetera—within companies. …
Fake photos generated by artificial intelligence (AI) are being misused to claim refunds from Chinese online shops, sparking moral and legal concerns. As China’s Double 11 shopping festival took place around November 11, several e-commerce shop owners revealed that they received AI-generated photos of damaged products from consumers attempting to seek refunds. Some people took…
The only woman charged in the sprawling New York City mafia and NBA-linked poker scam spent years cavorting with celebrities and musicians before her stunning arrest, high-flying photos from her Instagram show. Sophia Wei — a 40-year-old known as “Pookie” — painted portraits for celebrities like comedian Kevin Hart, and enjoyed hanging out with hip…