Hong Kong Customs announced on April 8 that it had recently seized the largest gold smuggling case ever recorded. A private tycoon set up a shell company in Hong Kong, and then spent a lot of money to spend 146 kilograms

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Hong Kong Customs announced on April 8 that it had recently seized the largest gold smuggling case on record. A private tycoon set up a shell company in Hong Kong, melted 146 kilograms of gold, cast it into six pieces of air compressor cores, gears and screws, resprayed it with steel coating, and then embedded it in two air compressors and shipped it to Japan by air. The X-ray machine of the Customs and Excise Department at the Hong Kong International Airport revealed that the metal density was different, and after dismantling the compressor, the batch of gold worth HK$84 million was seized, and if it was successfully shipped to Japan, it could evade tax of HK$8.4 million.