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Police dismantle alleged triad group that ran account centres to launder HK$600 million

Hong Kong police have arrested 147 people after uncovering a triad syndicate suspected of setting up centres to coordinate bank accounts and handle HK$600 million (US$76 million) in allegedly illicit proceeds. Police said on Sunday that they had conducted a citywide operation code-named “Rapidhorse” over the previous two days against the syndicate allegedly operating drug and illegal gambling…

Police dismantle alleged triad group that ran account centres to launder HK$600 million

We haven't written up this one. South China Morning Post - Hong Kong has the full story — the link below goes straight to it.

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