[London Gold] Smashed 35 people arrested by the London Gold Group

Burst

Written by: Zhu Yashuang and Lin Zhenhua

2020-01-21 16:29

Police smashed the London Gold Group. Police said 35 people were arrested for conspiracy to defraud, money laundering, claiming to be a member of a triad society and trafficking in dangerous drugs. Details will be provided later.

The London gold scams occur from time to time. In 2018, the police received reports from Mainland men, claiming that since 2015, they traded precious metals with friends from the Mainland to a mainland online investment platform with the same name as a Hong Kong company. By 2018, their accounts could not be operated, and they were suspected of being cheated. The bitter lord came to Hong Kong last year to be wounded. After investigation, the police arrested 13 men involved in the attack. As for the "scam", the police investigation found that eight injured persons were involved, all of whom were Chinese men from different provinces, and the amount involved was about 14 million yuan.

The Commercial Crime Investigation Division Superintendent Hong Yi said that in view of the rising trend of gold fraud in London in 2018, the Commercial Crime Investigation Division deployed an undercover operation in early 2019 and assigned an undercover agent to work at several local London gold investment companies. , Conducting intelligence gathering and in-depth investigations, re-investigating the London Gold Fraud Group that cracked down on investors by illegal means or illegal fraud. During the operation, undercover agents understood the operation of the investment company and investigated the role of the persons involved in the company. Evidence from undercover agents of the drama showed that at least 40 people were defrauded by these London gold companies to obtain more than HK $ 57 million. Yesterday (20th) about 200 detectives from the Joint Criminal Investigation Team of the Commercial Crime Bureau undertook arrests and searched 53 locations in Hong Kong, including two locations in Kwun Tong and Wan Chai's Writer House. The police have arrested 35 people involved in the case. Persons, 29 males and 6 females, aged between 17 and 68, including two group heads, corporate directors, managers and investment brokers involved in conspiracy to defraud, money laundering, claiming to be a triad member and trafficking in dangerous drugs. Computers, transaction records, books, account opening documents and transaction contracts were also seized during the operation.

Hong Yi pointed out that the police also seized about 200,000 Hong Kong dollars, 25 valuable handbags with a total value of more than 1 million yuan, and 60,000 value watches with a total value of more than 500,000 yuan at the residences of the main brain and backbone members of the group. They also conducted a wealth survey. A total of 22 bank accounts of the persons involved were frozen, involving HK $ 10 million. The police also considered to provide two residential properties worth 20 million yuan held by the main brain of the case according to relevant laws. The arrests continue, and more arrests are not ruled out.

London Golden Burst