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Hong Kong Police arrest 19 in HK$11m cryptocurrency scam

August 21, 2021
Source: hksar.org hksar.org
News Snapshot:
Add Your News Hong Kong Police arrest 19 in HK$11m cryptocurrency scam Police arrested 19 persons in connection to a cryptocurrency scam, where around 170 victims from the city and overseas were cheated of about HK$11 million. Officers arrested 11 men and eight women, aged from 18 to 31, for conspiracy to defraud on Wednesday and Thursday. Among the suspects were the mastermind of the syndicate, technicians, managers and promoters. Some of them were triad members and 10 of them were core members of the syndicate. According to the police, the syndicate rented units at commercial buildings in the city...
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Tags: arrested | bank | bitcoin | blockchain | car | cash | crypto | cryptocurrency | currency | download | fintech | fraud | Hong Kong | investment | KONG | loss | media | news | overseas | police | profit | social media | Taiwan | United Kingdom | website

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