Jewelry store suspected of fake card transactions

Authorities are investigating a jewelry store near Cotai casinos suspected of facilitating fake card transactions to help gamblers withdraw cash, involving illegal money exchange. Preliminary police investigations found the store, open for over a year, handled roughly MOP27 million in transactions, with at least MOP540,000 in illicit profits. One store manager and two sales staff were arrested alongside a mainland man suspected of attempted illegal lending; another suspect remains at large. Police seized about MOP436,000 in cash and HKD400 in chips during the raid.