Bogus shop used for HK$4 million theft of Patek Philippe, Richard Mille watches

Aug 9, 2025 | INVESTING

Hong Kong police have arrested two men in connection with the HK$4 million (US$512,820) theft of two luxury Swiss watches in a deal at a bogus repair shop.
Police said on Saturday that they received a report from two mainland Chinese watch merchants that two Patek Philippe and Richard Mille watches had been stolen from them during a transaction on Monday in Tsim Sha Tsui.
Chief Inspector Li Ki-chun of Yau Tsim police district said officers arrested two suspects – the alleged mastermind and a…

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