Man arrested over cash tossed on Hong Kong street: Reports

Man arrested over cash tossed on Hong Kong street: Reports

cash falls from sky in Hong Kong
Wong Ching-kit, who is said to have tossed cash from a Hong Kong building, live-streamed his arrest on Facebook. (Photo/screengrab: Facebook)

A man said to have tossed cash from the top of a building in Hong Kong, sparking a frenzy, was arrested on Sunday (Dec 16), reports said.

Wong Ching-kit, who is also known as "Coin Young Master", live-streamed his arrest on Facebook.

On Sunday afternoon, the 24-year-old arrived in Sham Shui Po in a Lamborghini sports car holding a stack of HK$500 bills, Ming Pao reported.

Police officers detained him when he started to distribute the cash, the Hong Kong paper said.

Wong had earlier announced that he would be handing out meal coupons outside a restaurant on Sunday.

READ: Money rains down on Hong Kong neighbourhood, causing frenzy

Videos capturing Saturday's stunt show a crowd of hundreds scrambling for the HK$100 (US$13) notes as they rained down on Fuk Wa Street in Sham Shui Po.

"I wonder if any of you believe money could fall from the sky?" he said during a Facebook live-stream, before the camera panned to the top of a nearby building which saw flurries of bills flying down like confetti.

Wong said in a Facebook post that he wanted to "help the poor by robbing the rich".

Police said he was arrested for "disorderly conduct in a public place" and have asked members of the public to hand over the notes they picked up.

The police added that they had recovered about HK$6,000 in HK$100 bills.

Wong is believed to be the owner of Coin's Group and to be behind Facebook page Epoch Cryptocurrency.

Cryptocurrency has been huge source of wealth for some in recent years, and 2017 saw the meteoric rise of hundreds of virtual currencies led by bitcoin.

However, the unit has slumped from US$20,000 at the end of 2017 to around US$3,235 currently.


Source: CNA/AFP/hm/zl

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