The Gambling Ring was busted by the Hong Kong Police

The Gambling Ring was busted by the Hong Kong Police

A major gambling operation has been shut down by the police in Hong Kong. The ring has ties to a known group in the city, and they are still putting together all of the details.

According to a report by the South China Morning Post, police arrested 48 people during an operation that included raids of seven different locations. The alleged ringleader, 12 associates, and 35 gamblers were taken into custody as a result of the raids.

One of the oldest criminal groups in the city is said to be the criminals. Last year, at almost this same time, police busted another of the big triads, and it had an illegal gambling operation. It was the largest bust the police have made in a long time.

There were millions of dollars lost

The raids happened in Yau Ma Tei, Mong Kok, Sham Shui Po, and Yuen Long. The police seized around HK$13 million in cash and goods. HK$2 million (US$254,800) in cash, as well as two sports cars, luxury watches, and more, were seized.

That was just a small portion of what the operation was able to accomplish. Over the past two years, the police believe that the triad raked in over HK 33 million (US$ 4.2 million) through its illegal activity. Most of the money was laundered through shell companies that were established by the criminal organization.

Police Supt Lui Sze-ho said that the operation dealt a heavy blow to the syndicate, hit their income sources and stopped their illegal activities.

The gang installed arcade betting machines in six of the locations, and an illegal mah-jong parlor in the seventh. Criminals used to be able to use social distancing measures, which were closed or introduced because of COVID-19 restrictions.

Customers had easy access to drugs and other vices in order to keep them entertained. Those who were arrested now face charges of money laundering, operating an illegal gambling establishment, unlawful gambling, drug trafficking, and more.

The individuals range from 21 to 63 years of age. If you are arrested for illegal gambling, you could be sentenced to up to nine months in jail and a fine of up to HK$50,000. The organizers face fines of up to HK$5 million (US$637,000) and seven to 14 years in prison.

There is a way to track the Triads

It is possible that the raids were the result of other activity. Police arrested over 200 people as part of an operation in May.

The raids were coordinated by the police in Macau and the Chinese mainland province of Guangdong. July 4th was the last day of Thunderbolt. The 25th anniversary of the handover of Hong Kong to China was three days after that.

Summary:

Police in Hong Kong have arrested 48 people during an operation that included raids of seven different locations. The criminals allegedly belong to the Wo On Lok triad, one of the oldest in the city. Police confiscated around HK$13 million (US$1.65 million) in cash and goods. They seized HK$2 million (US$254,800) in cash, as well as two sports cars, luxury watches.