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Gambling and jewels used to hide cash trail

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SCMP Reporter

CASINOS, jewellery and underground banks were just some of the means drugs boss Law Kin-man used to launder the millions generated by the heroin smuggling syndicate.

The marathon nine-month trial threw open the accounts of the largest money laundering operation uncovered by police.

It took a 30-strong team of financial investigators a year to plot the numerous trails of cash.

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The 30,000 exhibits included six 2.5-metre flow charts detailing a complex web of thousands of transactions through a maze of bogus accounts.

New York accomplice Yuen Ho-yin told how the proceeds were initially laundered via Hong Kong accounts in the names of syndicate members' relatives.

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But as the operation's success grew it became difficult to dispose of such vast sums - most of them US$10 and US$20 notes.

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