Hong Kong customs arrests 3 over illicit cigarettes seizure, HK$11.3m in proceeds

Hong Kong customs has arrested three members of a local syndicate suspected of selling illicit cigarettes and laundering money, seizing about 2.2 million untaxed products and alleged criminal proceeds of HK$11.3 million. The Customs and Excise Department said on Wednesday that officers raided five residential flats a day earlier, arresting two men aged 31 and 37, and a 35-year-old woman on suspicion of money laundering. The department said the operation stemmed from January, when officers fir...

By Edith Lin