A 28-year-old man has been jailed seven years and three months by the Court of First Instance for drug trafficking and money laundering.
In January Police intercepted three men, including the defendant, in a Mong Kok unit where 156gs of heroin, drug-packaging equipment and a large amount of cash were found. The money was the proceeds of the defendant's drug den business. Another $500,000 was found in the his bank account.
He was charged with trafficking and dealing with property known or believed to represent proceeds of an indictable offence. The other two men were discharged.
The defendant was convicted of the two offences today. The court ordered the confiscation of $226,000 seized during the operation, and $487,000 from the bank account.
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