Cryptomining suspect released on bail

2018-09-27 07:50
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Local businessman Frederico dos Santos Rosario, who was arrested by the Judiciary Police (PJ) on Monday and later that day transferred to the Public Prosecution Office (MP) for further questioning, has been released on bail, according to government-owned broadcaster TDM.

The 34-year-old suspect was arrested over a cryptomining scam involving at least 71 local victims who lost a total of HK$20 million, according to a TDM report earlier this week.

The police have taken statement from 46 of the victims, 43 of whom have filed criminal complaints, TDM reported.

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