The 63-year-old woman pleaded guilty in the High Court to taking part in a money-laundering conspiracy. Photo: Warton LiThe 63-year-old woman pleaded guilty in the High Court to taking part in a money-laundering conspiracy. Photo: Warton Li
The 63-year-old woman pleaded guilty in the High Court to taking part in a money-laundering conspiracy. Photo: Warton Li

Retired woman in Hong Kong who handled HK$6 billion in illicit funds for 300 yuan monthly gets nearly seven years in jail

  • The crime, which occurred in 2011 and 2012, is the third-largest money-laundering scheme in Hong Kong’s history
  • The woman, 63, allowed HK$5.97 billion to be transferred in and out of the bank account of a company in which she was the sole shareholder
Topic |   Crime
The 63-year-old woman pleaded guilty in the High Court to taking part in a money-laundering conspiracy. Photo: Warton LiThe 63-year-old woman pleaded guilty in the High Court to taking part in a money-laundering conspiracy. Photo: Warton Li
The 63-year-old woman pleaded guilty in the High Court to taking part in a money-laundering conspiracy. Photo: Warton Li
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