Four men and six women were charged on Thursday after investigations identified abnormal transactions in suspicious accounts linked to the case. The suspects, aged between 26 and 47, will appear at Eastern Court on Friday, charged with money laundering and conspiracy to launder money.
The latest move comes months after police first charged 16 people, including influencer Joseph Lam Chok, with fraudulently or recklessly inducing others to invest in virtual assets, conspiracy to defraud and money laundering.
Chief Inspector Hon Shing-ho of the commercial crime bureau’s fraud division said the investigation showed that some account holders had abnormal transactions that were “highly disproportionate to their financial profile”, involving around HK$132 million in total.
Hong said the prosecution would apply to transfer the 10 individuals’ cases to the District Court.
He said the investigation took time as no individual or company admitted to being the operator in this complex case with a large number of victims and massive amounts of scammed funds.
