Hong Kong police arrest 2 men for alleged HK$440,000 fake gold swindle

Hong Kong police have arrested two men who allegedly used fake gold items to swindle pawn shops across the city out of HK$440,000 (US$56,587), as prices for the precious metal reached record-breaking highs amid broader growing global economic concerns. The force said on Wednesday that officers from its Wong Tai Sin branch had earlier this week arrested a 27-year-old and a 54-year-old on charges of “obtaining property by deception” and “attempting to obtain property by deception”. During the...