Money changer and 4 people operating money services without a license were convicted and sentenced to fines and social service orders respectively


Hong Kong Customs has earlier detected two cases of operating money services without a license. A money changer and its director were fined HK$12,000 and HK$10,000 successively at the Kowloon City Magistrates' Court; another man and two women were convicted at the Fanling Magistrates' Court. Sentenced to a community service order of 80 to 160 hours.

In the first case, customs officers conducted an investigation in December 2020 and found that the money service operator license of a money changer in Hung Hom had expired, but its male director was still operating remittance business there, suspected of operating money services without a license . The male director was convicted and fined HK$10,000 at the Kowloon City Magistrates' Court in January this year, and his money changer was convicted and fined HK$12,000 today (25th).

In the second case, customs officers investigated a man and his wife in May last year. They were suspected of using the social platform page to operate a remittance business without a license. account to proceed. The three were convicted and ordered to serve 80 to 160 hours of community service at Fanling Magistrates' Courts today.

 Source: ON.CC