Hong Kong police arrest suspects accused of crypto mining in care homes
The post Hong Kong police arrest suspects accused of crypto mining in care homes appeared on BitcoinEthereumNews.com. Hong Kong police have arrested two individuals who stole electricity from two care facilities to power cryptocurrency mining. The Hong Kong police revealed that the two suspects, aged 32 and 33, allegedly set up eight devices in the ceilings of two offices and tapped into the care home’s power and internet connection. The police statement showed that five cryptomining appliances were recovered from the Sham Shui Po institution and another three from the Kwun Tong care institution. The appliances reportedly drew close to HK$8,000 and HK$9,000 (US $1,153) in monthly electricity bills. Hong Kong police urge institutions to monitor spikes in power consumption Police inspector Ng Tsz-wing of the Sham Shui Po technology and financial crime squad revealed through an exclusive interview with the South China Morning Post that the case was reported on Thursday, September 4, when IT staff at the Sham Shui Po home care detected a slow network speed. Thorough troubleshooting revealed that unauthorized concealed devices were draining excess power and internet bandwidth. A similar case was also reported in Sau Mau Ping. The Hong Kong police arrested the two suspects on Friday, September 5, in Mong Kok and Sham Shui Po. An energy engineering firm employed the two technicians and allegedly installed the equipment during a planned renovation of the facilities in August. The police believe the suspects acted individually, not as part of a wider conspiracy. Suspected individuals now face charges of abstracting electricity, which may carry a maximum of five years in jail under the Hong Kong Theft Ordinance. The police inspector Ng urged organizations to pay close attention to contractors during installations and watch out for unusual spikes in electricity bills. “ The public should also pay more attention to electricity bills or network usage and make relevant checks and notify police in…

The post Hong Kong police arrest suspects accused of crypto mining in care homes appeared on BitcoinEthereumNews.com.
Hong Kong police have arrested two individuals who stole electricity from two care facilities to power cryptocurrency mining. The Hong Kong police revealed that the two suspects, aged 32 and 33, allegedly set up eight devices in the ceilings of two offices and tapped into the care home’s power and internet connection. The police statement showed that five cryptomining appliances were recovered from the Sham Shui Po institution and another three from the Kwun Tong care institution. The appliances reportedly drew close to HK$8,000 and HK$9,000 (US $1,153) in monthly electricity bills. Hong Kong police urge institutions to monitor spikes in power consumption Police inspector Ng Tsz-wing of the Sham Shui Po technology and financial crime squad revealed through an exclusive interview with the South China Morning Post that the case was reported on Thursday, September 4, when IT staff at the Sham Shui Po home care detected a slow network speed. Thorough troubleshooting revealed that unauthorized concealed devices were draining excess power and internet bandwidth. A similar case was also reported in Sau Mau Ping. The Hong Kong police arrested the two suspects on Friday, September 5, in Mong Kok and Sham Shui Po. An energy engineering firm employed the two technicians and allegedly installed the equipment during a planned renovation of the facilities in August. The police believe the suspects acted individually, not as part of a wider conspiracy. Suspected individuals now face charges of abstracting electricity, which may carry a maximum of five years in jail under the Hong Kong Theft Ordinance. The police inspector Ng urged organizations to pay close attention to contractors during installations and watch out for unusual spikes in electricity bills. “ The public should also pay more attention to electricity bills or network usage and make relevant checks and notify police in…
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