HK police smashed a $15M cash and crypto laundering ring, arresting 12 and seizing money + 560 ATM cards. The syndicate recruited mainlanders for shell accounts. 🚨💸
- 12 arrested (9 men/3 women) in money laundering sting.
- Shell accounts held $15M in illicit funds.
- Fraud made up nearly half of HK's 95K crimes last year.