Advertisement

Police freeze HK$70 million raised by Spark Alliance for Hong Kong protesters, with group suspected of using money for personal gain and rewards

  • Four people related to the fundraising platform were arrested, with the force alleging money was also spent on insurance products
  • Force insider says money could be used as rewards to lure teens into taking part in protests

Reading Time:3 minutes
Why you can trust SCMP
Police suspect some funds are used as rewards to lure teens into joining the unrest. Photo: Sam Tsang
Police have frozen about HK$70 million (US$9 million) raised by activists to support Hong Kong’s anti-government protesters and arrested four people for money laundering. Officers suspect the funds were used for personal gain and other illegal activities, including participation rewards for young demonstrators.
Advertisement

A police insider said that initial investigations indicated dozens of teenagers were paid thousands of dollars each through fundraising platform Spark Alliance HK to join protests, an allegation a source connected to the group strongly denied.

Acting senior superintendent Chan Wai-kei of the Narcotics Bureau’s financial investigation unit said the four, aged between 17 and 50, were arrested during a raid on Thursday.

Officers seized HK$130,000 in cash and a receipt for HK$165,000 spent on supermarket coupons, two laser pointers, six arrows and a large amount of protest gear such as helmets and gas masks.

Acting senior superintendent Chan Wai-kei speaks at a press conference. Photo: Now TV
Acting senior superintendent Chan Wai-kei speaks at a press conference. Photo: Now TV
Advertisement

Spark Alliance, set up after the 2016 Mong Kok riot to help arrested or jailed activists, had crowdfunded about HK$80 million over the past six months. But police said they had come across suspicious financial transactions, including large amounts spent on personal insurance products.

Advertisement