Hong Kong police have arrested five men in a crackdown on a criminal syndicate that laundered HK$105 million ($13.4 million) using tens of thousands of prepaid cards. The five men, aged between 42 and 59, were arrested on suspicion of conspiracy to launder money and were allegedly linked to eight local companies that used prepaid cards and Apple iTunes cards in Hong Kong. Following the August arrests, police uncovered eight companies using the same tactics to launder money and detained four m...

Hong Kong police have arrested five men in a crackdown on a criminal syndicate that laundered HK$105 million ($13.4 million) using tens of thousands of prepaid cards. The five men, aged between 42 and 59, were arrested on suspicion of conspiracy to launder money and were allegedly linked to eight local companies that used prepaid cards and Apple iTunes cards in Hong Kong. Following the August arrests, police uncovered eight companies using the same tactics to launder money and detained four m...

House Majority Whip Tom Emmer, who has previously expressed concerns about the SEC’s encryption regulatory practices, proposed a major amendment on Friday, September 8. In his statement, Tom Emmer criticized SEC Chairman Gary Gensler for overstepping his authority and causing a negative impact on the American people. He urged Congress to use existing methods and appropriate procedures to prevent Gary Gensler and the SEC from abusing taxpayer funds. Emmer intends to introduce an appropriations...

House Majority Whip Tom Emmer, who has previously expressed concerns about the SEC’s encryption regulatory practices, proposed a major amendment on Friday, September 8. In his statement, Tom Emmer criticized SEC Chairman Gary Gensler for overstepping his authority and causing a negative impact on the American people. He urged Congress to use existing methods and appropriate procedures to prevent Gary Gensler and the SEC from abusing taxpayer funds. Emmer intends to introduce an appropriations...