Hong Kong police arrest 5, recover nearly HK$100 million in stolen gold bars

Hong Kong police have arrested five people and recovered nearly HK$100 million (US$12.7 million) worth of gold stolen in a suspected deception case, in which a “buyer” allegedly worked for a group that seized the haul before fleeing. The incident took place at about 2.45pm on Friday at an office in Peninsula Square, a commercial building on Sung On Street in Hung Hom, where a staff member was conducting a gold handover to the “buyer”. The South China Morning Post earlier reported that the case...

Source: scmp.com at 3/21/2026 11:39:19 AM.

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