According to sources, staff from the Wealth Investigation Team of the Narcotics Bureau received a report last month, stating that several people suspected of having unusually large amounts of money in their accounts. After in-depth investigations, the police today (5th) arrested 8 men and 3 women, aged between 19 and 30, in various districts in Hong Kong, including a 23-year-old police officer. They were suspected of money laundering, that is, "handling known or Believed to represent the proceeds of an indictable crime" and "conspiracy to deal with the property known or believed to represent the proceeds of an indictable crime", involving a sum of HK$210 million.
The news continued that the arrested person was suspected of handling a total of HK$210 million in suspected criminal proceeds between March last year and October this year. The transaction amount per account is approximately HK$5 million to HK$70 million. One of the 23-year-old arrested men is a police officer who belongs to the New Territories South Region. He has been suspended.
It is known that all arrested men and women are now being detained for investigation. Telephones, laptops, bank cards, etc. have been seized during the operation, and the relevant bank accounts have been frozen, involving approximately HK$760,000. The relationship between the case and the arrested persons is still under investigation, and the police do not rule out more arrests.