Hong Kong Customs uncovers largest money laundering case in history involving approximately HK$14 billion. The criminal group involved in the case used a commercial unit in Hung Hom as its money laundering operation center.
Most of the funds involved came from overseas, of which 2.9 billion yuan was related to a fraud case on a mobile phone application in India. It is believed that the criminal group has been collecting remittances from India through international trade, and will transfer the relevant fraud proceeds to bank accounts in Hong Kong.