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HK Police Nab 13 in HK$113M iAM Smart Scam

3/21/2026

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Summary

Story summary

The Hong Kong Police Force (HKPF) arrested 13 individuals for laundering over HK$113 million (US$14.4 million) through the iAM Smart app.
The suspects, aged 38–75, allegedly used victims’ accounts to launder funds via mule bank accounts.
They posted fake job ads to lure jobseekers and helped them open iAM Smart accounts at kiosks.
The operation ran from June 2025 to January 2026.

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Story summary

The Hong Kong Police Force (HKPF) arrested 13 individuals for laundering over HK$113 million (US$14.4 million) through the iAM Smart app.
The suspects, aged 38–75, allegedly used victims’ accounts to launder funds via mule bank accounts.
They posted fake job ads to lure jobseekers and helped them open iAM Smart accounts at kiosks.
The operation ran from June 2025 to January 2026.