Three people were arrested for fraud and money laundering for using the personal information of three former colleagues, including their facial identifications, to cheat about HK$1.8 million in loans from virtual banks. After in-depth investigations, Tsuen Wan police arrested a 30-year-old man a month later, believed to be the mastermind behind the scam, on fraud and money laundering charges. He also stole colleagues' ID cards and other documents, including bank statements and tax return forms. He successfully opened five virtual bank accounts using the documents and passed the verification procedures using the facial features he captured from the selfies and videos. Police also called on citizens to carefully protect their personal information, including ID cards, bank documents, and photos and videos that contain biometric features.
