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8 arrested over attempting to defraud HK$8.24 million from Hong Kong subsidy scheme

Hong Kong police have arrested eight people for allegedly attempting to defraud HK$8.24 million (US$1.06 million) from a subsidy scheme meant to help companies boost employees’ technology skills, with a family suspected of running the swindle. Chen Chi-cheong, assistant district commander (crime) of Sham Shui Po police district, said on Friday that officers had busted a suspected fraud syndicate this week. The eight suspects were believed to have targeted the government’s “New Industrialisation...


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