Seventeen people have been arrested on suspicion of defrauding at least 90 victims out of HK$64 million (US$8.1 million) by posing as bank staff and money lenders and extorting cash for property mortgages.The 11 Hong Kong men and six women, believed by police to belong to two criminal syndicates, were detained in a wave of police raids starting on Thursday. One of the targets was a financial services company in Fortress Hill that was raided on charges of violating the money lender ordinance and…
Comments
Comments are disabled for this post.