Six men have pleaded guilty to four counts of fraud for swindling three Taiwan women out of HK$2.56 million (US$330,278) in a telephone scam.
The defendants are a Taiwan-born man, surnamed Chang, 53, and five mainlanders aged 23 to 25.
They were remanded to custody, pending sentencing on Sept. 9.
The suspects posed as Taiwanese police officers, nurses and prosecutors in order to trick their victims into sending money to Hong Kong where they engaged in money laundering, according to court documents cited by Apple Daily.
The crimes took place between 2013 and 2014 and involved 30 victims who lost a combined HK$189 million.
Only three agreed to come to Hong Kong to testify.
One victim, a 62-year-old woman, surnamed Huang, said she received a call in January 2013 from the swindlers who asked her to transfer HK$210,000 to a Hong Kong bank account to settle a fraud case.
Another victim, a 72-year-old retired professor, recounted a similar scheme.
The suspects were arrested last year in Hong Kong by a joint task force.
About HK$1.7 million of the loot has been recovered, according to the Commercial Crime Bureau.
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