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Hong Kong Police Arrest Four on Suspected Money Laundering

Posted

December 20, 2019

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Hong Kong police arrested four people and froze around 70 million HK dollars ($8.97 million US dollars) on suspicion of money laundering.

Chan Wai Kei, acting senior superintendent of the Financial Investigation Division of the Narcotics Bureau, said Thursday that Hong Kong police busted a money laundering syndicate suspected to be linked to an online fundraising platform, Spark Alliance, to collect donations to support arrested protesters.

He said police also found a receipt for protective gear, arrows and laser pointers, which have been used by some protesters over the last six months of unrest in the semi-autonomous Chinese territory.

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Hong KongChan Wai KeiFinancial Investigation DivisionNarcotics BureauSpark AllianceLike QuickTakeFollow QuickTake

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Hong Kong Police Arrest Four on Suspected Money Laundering · Bloomberg News · Sentinel