China Scene: South

HK police arrest boss of credit card syndicate

The mastermind of a Hong Kong syndicate that stole HK$700,000 ($89,760) in goods and cash by taking advantage of loopholes in a credit card company's procedures has been arrested.

The syndicate apparently obtained personal information by methods such as stealing mail and buying items stolen by pickpockets. Police said that by using salary documents from a bogus company, they obtained access to 36 credit cards from Aeon Credit Service (Asia) and used them to make purchases and withdraw cash.