Six men have admitted swindling elderly women out of millions of dollars and laundering the money in Hong Kong.
One Taiwanese man and five mainlanders pleaded guilty to four counts of fraud on Wednesday, confessing that they conned three Taiwanese women out of a combined total of HKD2.56 million in a telephone scam.
The group is said to have actually defrauded 30 victims out of HKD189 million, but only three were willing to testify.
The men pretended to be prosecutors, police officers and nurses on the phone, and somehow persuaded the women to send huge sums of cash to Hong Kong bank accounts.
The money was then laundered in Hong Kong, reports Apple Daily.
According to the Commercial Crime Bureau, HKD1.7 million of the stolen cash has so far been recovered.
The men will be sentenced on Sept. 9.
Photo: Martin Cathrae
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