Hong Kong police have rounded up 11 alleged members of a local money-laundering syndicate suspected of washing more than HK$220 million (US$28.2 million) in criminal proceeds over the last two years in the second major crackdown on the illegal practice this week.A force insider said the amount of illegal proceeds involved was expected to increase several times over after officers raided the San Po Kong offices of a remittance firm and seized cheque books linked to another 64 bank accounts on…

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