Man. 37, jailed after customs carries out follow-up financial investigation based on a smuggling case involving endangered live corals
Experts have hailed Hong Kong’s first money-laundering conviction stemming from a wildlife trafficking case, saying it sets a positive direction for tackling the illegal trade in endangered animals.
A Hong Kong man, 37, was sentenced to 40 months in jail at the District Court on Thursday in a case involving about HK$6.7 million (US$859,000) from the proceeds of crime.
Customs had conducted a follow-up financial investigation based on a smuggling case in 2022 involving a batch of food and endangered live corals, with an estimated total market value of about HK$1.5 million.
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