Three-week police crackdown on fraud sees 84 arrests
Police on Monday said they had arrested 84 people in a crackdown on fraud and money laundering involving HK$118 million.  The suspects, who were arrested over the past three weeks, were allegedly linked to 53 cases involving more than 130 victims. They were accused of obtaining property by deception, money laundering, and conspiracy to defraud. Officers said most of those arrested had allegedly provided their bank accounts to serve as "stooge accounts" to collect illegal funds.  The financial losses in each case ranged from HK$3,000 to HK$60 million, police said.