Hong Kong authorities arrest seven in $2.4b money laundering case

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Hong Kong authorities arrest seven in $2.4b money laundering case
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The money reportedly came from online scams in India involving the sale of electronics and rare gems.

The authorities seized HK$165 million worth of assets, including five properties and three commercial units, as part of the operation.

The seven comprised five men and two women, aged 23 to 74, one of whom is believed to be the mastermind of the scheme, the customs authorities said.The authorities seized HK$165 million worth of assets, including five properties and three commercial units, as part of the operation. The scheme allegedly involved online scams in India and the sale of electronics and rare gems, including diamonds, among other goods, the authorities said.

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