An illegal gambling syndicate active in West Kowloon and New Territories North converted several old building units into casinos, and then used the bank accounts of shell companies to launder about 33 million "dark money" and transferred it into assets such as famous watches and sports cars.
The Police Organised Crime and Triad Investigation Division (Record O) launched an arrest operation codenamed "Terrace" early this morning (21st) on suspicion of money laundering, acting as a member of a triad society, claiming to be a member of a triad society and operating a gambling establishment 48 people were arrested for other charges.
According to sources, the illegal group that was smashed was run by the gang "Shuifang", and the arrests included the mastermind "Shuifangju".
Superintendent Lu Si-ho of the Organised Crime and Triad Investigation Division explained the case and said that after an in-depth investigation, the police targeted an illegal gambling syndicate active in West Kowloon and New Territories North.
During the police operation, a total of 7 "fishing machine" gambling stalls in Yau Ma Tei, Sham Shui Po and Yuen Long were smashed, and 35 men and 13 women were arrested, including the group's mastermind, key members and gamblers. They are currently being detained for investigation.
According to sources, the arrested includes the group leader "Shuifangju", who is the "426 Red Stick" of the gang "Shuifang".
Examine the evidence of Rolex, Porsche, etc.
The police seized a large amount of suspected criminal proceeds, including about 2 million yuan in cash and 3.5 million yuan worth of expensive watches, including a Patek Philippe (Patek Philippe) and 2 Rolex watches, worth 2.4 million yuan in sports cars, including a blue Porsche sports car.
Lu Sihao pointed out that the group has laundered about 33 million "dark money" in the past two years. He also pointed out that each location has huge cash and money counters. The case will seek the opinion of the Department of Justice for further action.
Renovation of old buildings, Jianjian files, online FPS platform to change gambling points
Lu Sihao pointed out that many game consoles and entertainment venues closed down due to the epidemic. The group used this to convert old buildings in West Kowloon and New Territories North into gambling stalls, and hired a group of local and non-Chinese people to take charge of the "games" at a low cost. She acts as a money changer and bodyguard commonly known as "Fenfenzi".
The group also provided drugs in the venue to attract more gamblers.
The Group also makes use of the online transfer platform to increase profits, not only for exchanging gambling points with gamblers, but also for transferring criminal funds.
In addition, in order to benefit from "bleaching", the group opened a shell company with no business, and used the company's name to earn sports cars and famous watches in an attempt to avoid investigation.
Operating illegal gambling establishments and gambling in illegal establishments are serious crimes under the laws of Hong Kong.
According to the Gambling Ordinance, anyone who operates a casino at any time commits an offence and is liable upon conviction to a maximum fine of HK$5 million and imprisonment for seven years.
Anyone who gambles in a casino commits a crime. Once convicted, the maximum penalty is a fine of HK$30,000 and imprisonment for nine months. Members of the public should not try the law.
