Hong Kong police have arrested 17 individuals and confiscated HK$3.67 million as part of a crackdown on a fraud syndicate. The group allegedly recruited Malaysian nationals to act as 'runners,' collecting crime proceeds from victims. These scams, primarily "guess who I am" phone cons, targeted 22 people between June and August, resulting in losses of approximately HK$2.5 million, with one victim losing HK$700,000. AI
RANK_REASON This is a law enforcement story about a scam operation, not a core AI development or industry event.
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