Trio cheats money changer out of 500,000 yuan with fake HK$ notes

2019-04-30 07:46
BY admin
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The Judiciary Police (PJ) arrested three male mainlanders on Saturday for cheating a male money changer out of about 500,000 yuan by providing fake Hong Kong dollar notes with a bogus face value of about HK$600,000 earlier this month, PJ spokesman Leng Kam Lon said during a special press conference yesterday.

According to Leng, all the three suspects are aged around 30, surnamed Wang, Zhang and Zheng respectively. The victim in his twenties told the police that he is a businessman from the mainland who is running an – illegal – currency-exchange business in local casinos.

On April 12, the victim struck a deal with the three suspects in a casino in Cotai, according to which he was to transfer 519,000 yuan to the three suspects, while the trio was to hand HK$600,000 in cash to the victim in return. The victim transferred the 519,000 yuan to a bank account on the mainland, according to Leng.


Fake HK dollar banknotes and other pieces of evidence are displayed in a pressroom of the Judiciary Police (PJ) headquarters in Zape yesterday.
Photo: Iong Tat Choi

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