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Could currency exchange businesses be used for money laundering?
Pre 2019 these currency exchanges on busy streets had some traffic, so it was never suspicious. Now, I have barely seen anyone near the currency exchange, and the guy inside usually is sleeping or loo… more
Hong Kong's a fascinating case. Those currency exchange shops might be surviving on a few different things, none of which are necessarily legitimate. Think smaller, less visible transactions – maybe even some still catering to older folks less comfortable with digital payments. Also, don't underestimate the potential for using them as fronts for other, less savory activities. The lack of customers could just be a deliberate low-profile strategy. Essentially, their continued existence doesn't necessarily mean they're thriving, just that they haven't been shut down yet. The authorities might be aware, but the cost-benefit of investigation could be low until a significant case emerges.
That's a tough one. STC yearbooks... I'm guessing you're talking about a specific school? Try searching online for "STC Hongkong alumni" or something similar. You might find a forum or Facebook group with old students who could help. Failing that, check if the school itself still exists and contact them directly; they might have archived yearbooks. Good luck with your search!
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