Five individuals, including a Filipino man and woman, were arrested in Hong Kong on Monday afternoon for attempting to use forged documents to secure US$10 billion (approximately HK$78 billion) in a bank fraud scheme.
The incident occurred at around 5 pm on February 10 at a bank in China Building, located on Queen’s Road Central. The group, consisting of three men and two women, presented three Letters of Credit and requested the bank to open an account with the stated amount as start-up capital.
Upon reviewing the documents, the bank staff discovered that the Letters of Credit were fraudulent. Alarmed, they contacted the authorities.
Police arrived at the scene and arrested all five individuals on charges of using false instruments. The arrested suspects included a 68-year-old Filipino man and a 38-year-old Filipino woman, who had entered Hong Kong using their passports. The man claimed to be a businessman, while the woman identified herself as a lawyer.
The other suspects were identified as a 54-year-old Malaysian man named Cheng, a 64-year-old Taiwanese man named Tsai, and a 29-year-old woman named Tao. Cheng and Tsai, who entered Hong Kong on a Hong Kong and Macao Travel Permit, claimed to be company directors, while Tao identified herself as a secretary.
The Central Police District is continuing to investigate the case.
