China News Service, Hong Kong, February 16 (Reporter Dai Xiaolu) Hong Kong Customs held a press conference on the 16th and announced that during the law enforcement operation launched at the end of January this year, it successfully dismantled a group that used cross-border trade activities to launder approximately 14 billion (HKD, below). A large transnational money laundering syndicate with the same) money laundering group, and smashed a money laundering operation center. In terms of the amount involved, this case is the largest money laundering case ever cracked by Hong Kong Customs.
Yu Yiu-wing, commander of the Wealth Investigation Bureau of Hong Kong Customs, said that during the law enforcement action taken on January 30, Hong Kong Customs officers raided multiple residential units and commercial units in Kowloon Tong, Ho Man Tin and Hung Hom, and arrested 7 persons suspected of being involved in the case. The ages ranged from 23 to 74 years old, and the leader of the criminal group involved was a 34-year-old non-Chinese man. In addition, Hong Kong Customs officers successfully froze NT$165 million in assets of the arrested persons.
Ye Dongjing, senior supervisor of the Wealth Investigation Bureau of Hong Kong Customs, said that the criminal group involved in the case opened a number of shell companies and puppet bank accounts in Hong Kong, using the excuse of importing and exporting diamonds and electronic products to transfer large amounts of funds to Hong Kong. The criminal group involved in the case used a commercial unit in Hung Hom as its money laundering operation center. The multiple bank accounts involved in the case continued to launder funds in a large and high-frequency mode for a long time; on the surface, there was no business between the shell companies involved in the case. Contact each other, but each uses a puppet bank account to frequently transfer funds, which is different from the general import and export trade business model.
Ye Dongjing said that the investigation also found that 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 involved has been collecting remittances from India through international trade, and will The relevant fraud proceeds were transferred to bank accounts in Hong Kong. (over)