Hong Kong police destroyed a cryptocurrency physical exchange store to implement fraud group, involving a total of 12 million Hong Kong dollars

According to hk01, the Western District Police District of Hong Kong has carried out an anti-fraud operation code-named "Thrill" in the past month. 41 cases of various types of fraud were detected and 53 people were arrested, involving 78 million Hong Kong dollars. Among them, the "fake customer service" fraud case soared. The police also found that a criminal group "invested" more than 100,000 Hong Kong dollars in rent in Wan Chai and opened a cryptocurrency physical exchange shop, defrauding three people of a total of 5 million Hong Kong dollars.
After investigation, the police arrested six local men in the case, four of whom had triad backgrounds. All six were key members of the criminal syndicate. In addition to one mastermind, there were also exchange shop staff, members responsible for carrying cash and receiving, "watching water", and puppet hukou holders. The investigation also revealed that the same criminal syndicate had been involved in the same type of fraud as early as March this year, suspected of opening a cryptocurrency physical exchange in Tsim Sha Tsui, defrauding six victims of a total of HK $7 million; two cases in Wan Chai and Tsim Sha Tsui, involving a total of HK $12 million in fraud.