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) in gold stolen in a suspected deception case, in which a buyer allegedly worked as an accomplice of a group that seized the haul before fleeing. The incident took place at about 2.45pm on Friday at an office in Peninsula Square on Sung On Street in Hung Hom, where a staff member was conducting a gold handover to an alleged buyer. The South China Morning Post had earlier reported that the case was...

By Wynna Wong