Fourteen people were arrested by Wan Chai police between Tuesday and Thursday for eight cases related to illegal debt recovery worth over HK$1.5 million. The arrestees – 13 men and a woman aged 22 to 57 – were arrested on suspicion of criminal damage, criminal intimidation and conspiracy to commit money laundering. One of them was the mastermind of a money laundering syndicate, three were key members of the syndicate and three others were holders of stooge bank accounts. Upon further investigations, police revealed that the so-called “victim” and the other six all belonged to a local money laundering syndicate. The gamblers would then be arranged to stay in hotel rooms so that creditors' money laundering activities would not be disrupted.

Source: The Standard November 11, 2022 15:38 UTC