Illegal gambling rings were put on notice, as Hong Kong police announced a major breakthrough against Triad-controlled gambling. Local authorities arrested 18 people in connection with the largest illegal gambling operation in the last decade.
Hong Kong Police disclosed that the illegal bookies had handled over $400 million in bets on horse racing and soccer over the last four months.
Hong Kong authorities believe that the illegal betting operation had been in operation for a little over 12 months and that the ring had ties to the Wo Shing Wo Triads. Police moved in over the weekend as 16 men and two women were taken into custody in raids across Kowloon and the Hong Kong New Territories.
Police disclosed that more than 70 bank accounts had been frozen, containing $2. 5million. Authorities seized two luxury cars and more than one million dollars in cash.
Police said the gang recruited customers through text messages and phone calls. Hong Kong police remain adamant that their most recent arrests will deal a significant blow to the Wo Shing Wo Triads, believed to be one of the first triad crime gangs in Hong Kong.
The Wo Shing Wo plays a major role in controlling the drug trade through the Golden Triangle region in Asia and is notorious for infiltrating casino junket operations. It was also the subject of an inquiry in Australia that saw Crown Casino lose its license in New South Wales.
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