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Hong Kong company director arrested on suspicion of laundering HK$400 million



Hong Kong customs has arrested the director of a possible shell company on suspicion of laundering HK$400 million (US$51.6 million) through eight bank accounts over the past two years.Her capture was the result of a follow-up investigation into a family of five accused of laundering more than HK$3 billion through over 100 personal bank accounts set up since 2018. Officers are investigating whether the same ringleader is behind the woman and the family.The director of the trading company, 35,…



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