{"id":92949,"date":"2025-05-11T14:36:14","date_gmt":"2025-05-11T14:36:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/92949\/"},"modified":"2025-05-11T14:36:14","modified_gmt":"2025-05-11T14:36:14","slug":"3-arrested-in-hong-kong-over-hk4-million-london-gold-trading-scam","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/92949\/","title":{"rendered":"3 arrested in Hong Kong over HK$4 million London gold trading scam"},"content":{"rendered":"<p><a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/hong-kong-police?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\">Hong Kong police<\/a> have detained three men in a crackdown on a syndicate that defrauded at least seven victims of HK$4 million (US$512,820) in a London gold trading <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/scams-and-swindles?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\">scam<\/a>.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The force said on Sunday that the suspects, aged 25 to 36, lacked experience in the financial sector and rented offices in bustling commercial districts to create the appearance of a professional investment firm.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The syndicate managed to lure at least seven victims in about a year, with total losses estimated at HK$4 million.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The police operation was triggered by a member of the public alerting authorities on Friday to a suspicious investment scheme.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The complainant reported that he had received a call last October inviting him to join in a high-reward, low-risk investment opportunity in London gold trading.<\/p>\n<p><img decoding=\"async\" alt=\"Chief Inspector Nicholas Yuen says one victim handed over HK1.9 million in nine transactions. Photo: SCMP\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1gf69pb2 css-6ikqhs e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/b410764d-5680-4034-8dbd-7775a59b3c80_a41b4d26.jpg\" title=\"Chief Inspector Nicholas Yuen says one victim handed over HK1.9 million in nine transactions. Photo: SCMP\"\/>Chief Inspector Nicholas Yuen says one victim handed over HK1.9 million in nine transactions. Photo: SCMP<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Over nine occasions from October to April, he transferred HK$1.9 million to two local men around Kau Yuk Road in Yuen Long, Chief Inspector Nicholas Yuen Ho-ting said.<\/p>\n","protected":false},"excerpt":{"rendered":"Hong Kong police have detained three men in a crackdown on a syndicate that defrauded at least seven&hellip;\n","protected":false},"author":2,"featured_media":92950,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7757],"tags":[748,43898,393,43888,4884,3749,43891,43895,43887,43890,43892,257,43886,43896,13954,1463,43889,43893,35511,16,15,43897,43894],"class_list":{"0":"post-92949","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-london","8":"tag-britain","9":"tag-chief-inspector-nicholas-yuen-ho-ting","10":"tag-england","11":"tag-gold-trading","12":"tag-great-britain","13":"tag-hong-kong","14":"tag-investment-contracts","15":"tag-investment-opportunity","16":"tag-investment-scam","17":"tag-kau-yuk-road","18":"tag-kwun-tong","19":"tag-london","20":"tag-london-gold","21":"tag-london-gold-trading","22":"tag-precious-metals","23":"tag-scam","24":"tag-security-deposits","25":"tag-shing-yip-street","26":"tag-suspects","27":"tag-uk","28":"tag-united-kingdom","29":"tag-victims","30":"tag-yuen-long"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114489706679175663","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/92949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=92949"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/92949\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/92950"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=92949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=92949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=92949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}