எட்வர்ட் காங் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from எட்வர்ட் காங். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In எட்வர்ட் காங் Today - Breaking & Trending Today

Pyramid scheme leads to NZ's largest ever forfeiture


Date Time
Pyramid scheme leads to NZ’s largest ever forfeiture
A money laundering investigation linked to a multi-national pyramid scheme has led to New Zealand’s largest ever forfeiture under the Criminal Proceeds (Recovery) Act 2009.
The High Court has approved a settlement between Police and Xiaohua (known as Edward) Gong that enables the forfeiture of over $70 million.
Police first restrained the property in March 2017 following an investigation into suspicious funds deposited in New Zealand bank accounts between 2009 and 2016.
The funds were identified as being profits from the pyramid scheme based in China and Canada.
Detective Inspector Craig Hamilton says Gong is based in Canada and the money was transferred to New Zealand to conceal its source. ....

New Zealand , Edward Gong , Zealand Police , Nz Police Public , High Court , Criminal Proceeds , Inspector Craig Hamilton , Inspector Hamilton , East Tamaki , New Zealand Police , புதியது ஜீலாந்து , எட்வர்ட் காங் , ஜீலாந்து போலீஸ் , ந்ஸ் போலீஸ் பொது , உயர் நீதிமன்றம் , இன்ஸ்பெக்டர் கிரேக் ஹாமில்டன் , இன்ஸ்பெக்டர் ஹாமில்டன் , புதியது ஜீலாந்து போலீஸ் ,