Representatives from 18 member banks of the Management Committee of the Card Authorisation System in People's Republic of China paid tribute to New Territories South (NTS) regional crime officers on June 7 for neutralising a syndicate involved in credit card fraud.

Since November 2016, the officers had initiated an intelligence analysis against a fraud syndicate, which was found submitting 14 credit card applications to a number of banks with counterfeit documents. Having fraudulently obtained the credit cards, the syndicate made cash advance and purchases of valuables amounting to $1.1 million.

Following intensive investigation and analysis of the relevant fraudulent transactions, the officers mounted an operation on April 25 to apprehend the mastermind and his five accomplices, and seized all the credit cards concerned in their residence.