Police Arrest 22 Over Online Gambling Operation
"); jQuery("#212 h3").html("
"); });
2022-12-16 HKT 18:03
Police on Friday said they had taken down an online gambling operation which raked in tens of millions of dollars, arresting 22 people.
Two of the suspects have been charged.
Superintendent Wilson Tam said a free game available in two major app stores was used to entice people to gamble.
Players were told they could exchange the points they accrued for money to be used for unauthorised gambling on mahjong and poker games, Tam said.
Officers said they also seized HK$6 million in cash and found computer records which showed gamblers had handed over HK$77.5 million since July 2019.
The police also said more than 50 bank accounts had been used to launder HK$240 million in crime proceeds.
PantherTrade And YAX Secure Hong Kongs First Crypto Licences Of 2025
Securities and Futures Commission (SFC) granted operational Hong Kong crypto licences to two cryptocurrency trading pla... Read more
Digital Payments In Hong Kong Soars But Bank Transfers Lead The Growth In 2024
Digital payments in Hong Kong grew significantly. In 2024, the use of digital payments for online transactions rose 9 p... Read more
Nuvei Acquires Paywiser In Japan To Power Next Ecommerce Growth Wave
Nuvei acquired Paywiser Japan Limited and its license from the Japanese Ministry of Economy, Trade, and Industry on 27 ... Read more
Fraud Prevention Strategies For 2025 To Combat Emerging Digital Threats
In 2025, fraud prevention strategies are non-negotiable. It’s a battle for trust. With cybercrime evolving at breakne... Read more
Alipay Tap! Expands To Macao, Now Accepted At Over 1,000 Merchants
Alipay Tap! in Macao was recently launched, enabling Alipay and Macau Pass to expand their partnership to bring it to m... Read more
ESG Fintech Startups Took The Spotlight At The Asian Financial Forum
Environmental, Social, and Governance (ESG) considerations have become central to global economic discussions and remai... Read more