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A 61-year-old man and his 28-year-old son were convicted of money laundering offences and sentenced to imprisonment for 32 months and 20 months respectively at the District Court today (May 14).
The Court heard that several victims living overseas were informed that they had won prizes in lucky draws. In order to receive the prizes, they were required to deposit various advance fees. The victims deposited the required fees as instructed but later felt suspicious and reported the case to the Police.
Police Commercial Crime Bureau took over the case for investigation and it was found that from June to November 2009, the 61-year-old man opened five bank accounts in Hong Kong to receive and collect crime proceeds of about $3.3 million. His son also collected crime proceeds of about $280,000. They were arrested on December 2009 and June 2010 respectively.
The duo were subsequently charged with conspiracy to deal with property known or believed to represent proceeds of an indictable offence. The 61-year-old man was also charged with dealing with property known or believed to represent proceeds of an indictable offence. The sentences were handed down today.
Police appeal to the public to be cautious when they received any unsolicited offers by means of promising awards on payment of any advanced fee. They are also advised not to open bank accounts to receive or collect crime proceeds on behalf of others.
Police Report No. 274
Ends/Monday, May 14, 2012
Issued at HKT 21:33
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