[Explanation] The Hong Kong Customs held a press conference on September 14 and stated that in the law enforcement action codenamed "Shadow Hunting" taken on September 10, it successfully solved the largest "money laundering" case in Hong Kong in history.

During the operation, 6 people were captured, aged between 25 and 62 years old, 5 of them belonged to the same family, and the other was a licensee of a local money changer.

Hong Kong Customs seized multiple mobile phones, cheque books, monthly statements, etc. during this operation, with the amount involved up to 3 billion Hong Kong dollars.

　　[Concurrent] Hu Wei, Senior Supervisor, Organized Crime Investigation, Hong Kong Customs

　　Among the 6 arrested persons, 5 of them are from a family. We suspect that this family has opened more than 100 personal bank accounts since 2018 and processed more than 3 billion yuan in unidentified funds, of which 170 million yuan of large transactions came from a company. For shop swaps, we have immediately arranged to freeze the assets of related parties 30 million yuan, including 15 million yuan bank deposits and two properties, worth 7 million yuan and 8 million yuan respectively.

　　[Explanation] Deng Huiyan, supervisor of the Wealth Investigation Division of the Organized Crime Investigation Division of Hong Kong Customs, introduced the details of the case and said that this case involved illegal money laundering through multiple channels such as households, banks, and companies, which was a typical method.

　　[Concurrent] Deng Huiyan, Supervisor, Wealth Investigation Division, Organized Crime Investigation Division, Hong Kong Customs

　　In the past two years, they have conducted more than 6000 large-scale transactions. Every family member in the transaction is compatible. They use different third parties or different companies for their funds. They have nothing to do with their families. Most of the companies are Shell companies, after the money comes in, they transfer accounts between banks, and then withdraw the money in a short time to different third parties, unknown companies or different law firms, which is a typical money laundering technique.

　　[Explanation] At present, the person involved in the case has been released on bail, and the license of the money changer has been revoked.

　　Reporter Liang Yuan from Hong Kong

Editor in charge: [Wang Kai]