Hong Kong police arrest 71 over stooge accounts linked to HK$214 million scams

Hong Kong police have arrested 71 people for operating stooge accounts used by scammers, with the largest case involving a senior director at a multinational company who was defrauded of HK$134 million after transferring the funds to criminals impersonating his chief executive. Inspector Tsang Kin-wa of the Hong Kong Island regional technology and financial crime unit said the force had conducted a crackdown on scams and money laundering between January 12 and 26, uncovering 69 cases, with total...