Hong Kong nets only small fry for laundering illegal Chinese money

Luo Juncheng, a delivery man and school dropout from Guangdong province, was 19 years old when he opened an account at Bank of China subsidiary Chiyu Bank in Hong Kong in mid-2009.

Over the next eight months, he moved more than HK$13 billion through the account, making nearly 5,000 deposits and more than 3,500 withdrawals in the largest money laundering case on record in the territory.

via Business feed http://www.scmp.com/news/hong-kong/article/1209748/hong-kong-nets-only-small-fry-laundering-illegal-chinese-money