Two males arrested after $125,000 stolen from Hong Kong cryptocurrency alternate

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  • Two males have been arrested in Hong Kong for stealing $125,000.
  • The 2 have been allegedly operating a pretend cryptocurrency alternate.
  • The shop had solely been open a month and a half.

Hong Kong police have arrested two males in reference to a theft at a digital foreign money alternate store within the Sham Shui Po district. The Sham Shui Po Police District Crime Investigation Unit arrested the 2 males on Monday afternoon for stealing NT$4 million (US$125,000) from the shop.

Detective Chief Inspector Leung Wai-sin, from Sham Shui Po Police Station's Crime Division, stated a 43-year-old man caused $125,000 in money to a cryptocurrency alternate store on Cheung Sha Wan Street in Sham Shui Po on Monday afternoon. He handed the money over to a girl on the counter.

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Detective Chief Inspector Leung Wai-sin of Sham Shui Po Police Station's Crime Division confirmed {that a} 43-year-old man caused $125,000 in money to a cryptocurrency alternate store at a shopping center on Cheung Sha Wan Street in Sham Shui Po on Monday afternoon. The person then handed the money over to a girl on the counter.

The sufferer grew to become suspicious when the girl entered a room inside the shop. He tried to depart however discovered the shop locked. He contacted the authorities, who arrested two males, aged 23 and 30, each with Hong Kong ID playing cards, on suspicion of “conspiracy to steal.”

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Suspects allegedly concerned in a posh plot

In accordance with the Chief Inspector, the 2 males deliberate to arrange a cryptocurrency alternate store with feminine employees and steal clients' money throughout transactions. The 23-year-old man appeared within the West Kowloon Justice of the Peace's Court docket, whereas the 30-year-old man was remanded in custody for questioning.

Police are nonetheless looking for the stolen money and people concerned within the incident. Authorities confirmed that the shop had solely been open for a few month and a half.

The sufferer reportedly accomplished two extra transactions in September that have been profitable and led to the sufferer making additional transactions for bigger quantities, a standard tactic utilized by scammers to realize belief.

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