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6 arrested over HK$14m agarwood and crypto investment scam that ran for 9 years

6 arrested over HK$14m agarwood and crypto investment scam that ran for 9 years
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Hong Kong police have arrested six people allegedly tied to a nine-year scam run by a suspected cross-border criminal syndicate offering business opportunities in agarwood and cryptocurrency, with funds involved reaching HK$14 million (US$1.78 million). Superintendent Allan Chu Ming-lun of the commercial crime bureau said on Thursday that investigations began in September after the force received 21 reports from victims, mostly elderly people, saying they had been investing in various...

Hong Kong police have arrested six people allegedly tied to a nine-year scam run by a suspected cross-border criminal syndicate offering business opportunities in agarwood and cryptocurrency, with funds involved reaching HK$14 million (US$1.78 million). Superintendent Allan Chu Ming-lun of the commercial crime bureau said on Thursday that investigations began in September after the force received 21 reports from victims, mostly elderly people, saying they had been investing in various products... [Image text:] HKP AKP Operation SHADOWNET CCBRN26001807 RKA AKARAKP 500 500 500 500 500 500 500 00 500 500 500 500 600 00 500 00 IMPORTANT 600 O0 600 500 00 00 500 5 00 00 00 500 o AKPAKE 500 00 500 500 00 500 500 500 500 S00 00 500 500 500 5 00 500 500 AKP 00 500 500 00 500 500 00 500 500 500 500 AKP AKP 00 500 500 500 00 500 500 500 00 500 500 500 IMPORTANT 00 KR AXP ANP AKD AND 8 DO. IKP HKP AKP HKR HXR AXR HKP B HKP HKP HKP HKP HKP 100 COI 00 OOI of MP
Hong Kong (LOCATION) Allan Chu Ming-lun (PERSON) the commercial crime bureau (ORG)
Originally published by South China Morning Post Read original →