Police nab 147 in anti-triad operation

Police said on Sunday that they smashed a crime syndicate following an anti-triad operation and arrested 147 people, including the suspected mastermind and key members. They're accused of using stooge accounts to launder HK$600 million between January last year and this month. Acting Senior Superintendent Au Yeung Tak from the Organized Crime and Triad Bureau said that the crime proceeds were…

news.rthk.hk ·2d ago

On Sunday, authorities announced the dismantling of a criminal syndicate following a broad anti-triad operation that led to the arrest of 147 individuals. The suspects were accused of utilizing fake identities to launder over HK$600 million between the previous January and the present. Acting Superintendent Au Yeung Tak of the Organized Crime and Triad Bureau revealed that the illicit funds stemmed from drug trafficking, manufacturing, and the operation of gambling dens.

During the investigation, police seized assets estimated to be worth approximately HK$5 million. This included around HK$3.65 million in cash, along with various valuable items such as jewelry, luxury watches, vehicles, bank cards, mobile phones, weapons, gambling equipment, and drugs valued at about HK$1.3 million. Acting Superintendent Ho Yan-kit disclosed that the syndicate recruited people to sell their personal accounts for hundreds to thousands of dollars.

He added that the police operation effectively dismantled the entire money laundering network. The operation involved the search of 14 locations.

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