Police arrested 10 suspected members of a syndicate engaged in the theft and fraudulent use of credit cards and Hong Kong identity cards, hk01.com reports.
The suspects, including a woman and a 53-year-old man believed to be the mastermind, were arrested in a raid conducted by police officers from the Commercial Crime Bureau on a flat in To Kwa Wan on Tuesday.
About 100 credit cards, 50 to 60 identity cards, and a large number of bank cards, passports and personal mail were seized during the raid.
The operation was continuing and more arrests could be made, police said.
Police said the gang was involved in at least 49 cases of credit card thefts reported this year, which enabled them to buy expensive electronic gadgets, luxury watches and branded handbags worth about HK$4.1 million.
The victims lost from HK$1,000 to HK$620,000 each.
The suspects, most of whom have a triad background, were assigned different tasks, including driving, choosing targets, and picking pockets. The thefts were committed in public places such as swimming pools and changing rooms in sports centers.
The items they bought through the stolen credit cards were then resold as second-hand goods for cash.
Aside from buying luxury goods, the gang members also assumed the victims’ identity to apply for bank loans.
It is understood that at least three banks were victimized, resulting in combined losses of HK$3.65 million.
Senior Inspector Chow Tsz-kin warned people to take care of their personal belongings when they are in public places, RTHK reported.
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