Police have shut down an illegal gambling website that netted HK$40 million in four months. Photo: Warton Li
Police have shut down an illegal gambling website that netted HK$40 million in four months. Photo: Warton Li

Hong Kong police break up criminal gambling ring that netted HK$40 million; 7 arrested

  • Money laundered through frequent online transfers to 25 bank accounts in bid to avoid detection
  • Syndicate offered cash payments to recruit city residents to set up accounts with virtual banks to hide cash

Police have shut down an illegal gambling website that netted HK$40 million in four months. Photo: Warton Li
Police have shut down an illegal gambling website that netted HK$40 million in four months. Photo: Warton Li
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