A fixer for a Chinese fraudster behind a £5.5billion Bitcoin scam has handed over £5.6million to the British Government – as it continues to tussle with China over his boss’s vastly larger fortune.
Hok Seng Ling, 48, was ordered to surrender the money after admitting his role in the biggest money laundering scam in UK history.
He served as a ‘butler’ to Zhimin Qian, who masterminded a Ponzi scheme that defrauded more than 128,000 Chinese investors between 2014 and 2017 before funnelling the proceeds into Bitcoin and fleeing to the UK.
Ling, a Malaysian national living in Matlock, Derbyshire, helped the ‘Bitcoin Queen’ launder her
To provide well-rounded coverage and a breadth of insight across various events, we rely on contributions from several staff writers, each bringing their own area of expertise to our publication.