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$70m forfeit: Wealthy businessman strikes record-breaking deal with police Wed, 16 Jun 2021, 10:58AM Chinese-Canadian businessman Xiao Hua Gong has cut a record breaking deal with the New Zealand Police under the asset seizure laws. (Photo / Supplied) $70m forfeit: Wealthy businessman strikes record-breaking deal with police Wed, 16 Jun 2021, 10:58AM Wealthy Canadian businessman Edward Gong has agreed to pay millions of dollars to the New Zealand government in the largest ever settlement made under the Criminal Proceeds (Recovery) Act since the law came into effect in 2009. A wealthy Chinese-Canadian businessman has agreed to forfeit more than $70 million by cutting a record-breaking deal with the New Zealand police. ....
Royole has announced the world s first micro-LED based stretchable display. The 2.7-inch panel demonstrated by Royole is not just foldable and rollable, but is also claimed to be capable of 3D free form shaping. Royole says its stretchable micro-LED displays are highly applicable for wearables and smart car windshields. Royole, which launched the world s first foldable phone in late 2018, has now announced the first micro-LED based stretchable display technology (via Android Authority). The company claims the technology is compatible with industrial manufacturing process, so it may not take very long for the first devices with Royole s stretchable micro-LED displays to hit the market. ....
Share this article Share this article FREMONT, Calif., May 25, 2021 /PRNewswire/ Royole Corporation, a pioneer and the global leader in flexible electronics, presented new research findings at the 2021 Display Week Symposium, demonstrating the world s first micro-LED based stretchable display technology compatible with industrial manufacturing processes. Royole introduces world s first micro-LED based stretchable display technology compatible with industrial manufacturing processes at 2021 Display Week Symposium. This marks another significant milestone in flexible electronics for Royole, which developed the world s thinnest full-color, fully flexible display (FFD) in 2014, as well as the world s first FFD mass production facility and brought the world s first commercial foldable smartphone with flexible display to market, FlexPai® in 2018. ....
Impressive : Global watchdog rates NZ police efforts at seizing criminal wealth, advises software upgrade to identify money launderers 30 Apr, 2021 07:00 AM 7 minutes to read Nearly $1m seized from a senior Head Hunter gang member involved in drug manufacture. The cash was hidden inside his bed. Photo / Supplied Nearly $1m seized from a senior Head Hunter gang member involved in drug manufacture. The cash was hidden inside his bed. Photo / Supplied An international evaluation of New Zealand s ability to prevent and investigate money laundering says company and trust structures are a major vulnerability, but ranks the police efforts to seize suspected criminal wealth as among the best in the world. ....
Police have seized more than $1 billion in assets from alleged criminals 29 Apr, 2021 07:00 AM 4 minutes to read A Lamborghini Huracan, valued at $450,000 was seized following an investigation into alleged money laundering. The supercar is among $1 billion worth of assets restrained since 2009. Photo / Supplied A Lamborghini Huracan, valued at $450,000 was seized following an investigation into alleged money laundering. The supercar is among $1 billion worth of assets restrained since 2009. Photo / Supplied More than $1 billion in alleged criminal wealth has been frozen in New Zealand since a powerful law targeting organised crime came into effect just over a decade ago, the Herald can reveal. ....