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The case was heard at District Court |
A Filipina has been jailed by the District Court for 20 months for money laundering, for having dealt with US$$133,300 (equivalent to HK$1,036,347.51 in today’s conversion rate) that had been deposited and withdrawn from her bank account.
Deputy District Judge Jason Wan handed down the sentence
Friday to Joselhen Rocero after she pleaded guilty to violating section 25(1)
and (3) of the Organized and Serious Crimes Ordinance.
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| DETAILS HERE |
Rocero’s penalty was net of the usual one-third discount
given to those who plead guilty,
The case landed in the District Court because the currency
involved was the US dollar, which indicated that the money launderng activity
in which Rocero’s bank account was used, crossed Hong Kong’s borders.
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| DETAILS HERE |
The amended charge filed by the Department of Justice last
Nov, 13, accused her of “dealing with property known or believed to represent
proceeds of an indictable offence” between May 30, 2023 and June 10, 2023.
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| Basahin ang detalye! |
Under the Organized and Serious Crimes Ordinance, “a person
commits an offence if, knowing or having reasonable grounds to believe that any
property in whole or in part directly or indirectly represents any person’s
proceeds of an indictable offence, he deals with that property.”
It prescribes these maximum penalties:
- On conviction upon indictment to a fine of $5,000,000 and to imprisonment for 14 years; or
- On summary conviction to a fine of $500,000 and to imprisonment for 3 years.
