Regarding the alleged fraud case involving the virtual asset trading platform JPEX, the police prosecuted 16 individuals last November. Today (26th), the police have further prosecuted 10 individuals, including 4 men and 6 women aged between 26 and 47, on charges of money laundering and conspiracy to launder money. They will be brought before the Eastern Magistrates' Courts tomorrow (27th), and the prosecution will later apply to transfer the case to the District Court for trial. Including the 16 individuals previously prosecuted, the police have now prosecuted a total of 26 people involved in the case.

Chief Inspector Han Chenghao of the Commercial Crime Bureau stated that the JPEX case has received reports from over 2,700 victims, with reported losses exceeding HKD16 billion. Since the investigation began in September 2023, a total of 80 people have been arrested, and assets worth approximately HKD228 million have been frozen.

He mentioned that due to the complexity of the case, the large number of victims, and the substantial amount involved, along with the fact that no company or individual has admitted to being the actual operator, the police need to conduct extensive investigations to identify the masterminds and core members, including the roles of various individuals and criminal evidence. The red notice issued by Interpol remains in effect, and the police will continue to collaborate internationally to apprehend the fugitives. (da/u)



This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

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