Police Constable charged by ICAC admits credit union loans fraud by concealing debts
2024-3-13
A Police Constable, charged by the ICAC, today (March 13) admitted at the West Kowloon Magistrates’ Courts that he had deceived the Hong Kong Police Credit Union (HKPCU) into granting him two loans over $140,000 by making false representations that he had no loans from banks or financial institutions.
Police Constable Lam Chun-kit, 47, pleaded guilty to two counts of fraud, contrary to section 16A (1) of the Theft Ordinance.
Magistrate Mr Jason Wan Siu-ming adjourned the case to April 3 for sentence, pending the defendant’s community service order report. The defendant was granted bail.
The court heard that at the material time, the defendant was a Police Constable and a member of the HKPCU, which provided loan service to its members. In February and October 2021, the defendant made two loan applications to the HKPCU and declared on the application forms that he had no loans from banks or financial institutions. He was subsequently granted two loans totalling over $140,000.
The ICAC investigation arose from a corruption complaint referred by the Police. Enquires revealed that when the defendant applied for the two loans, he had outstanding loans totalling at least about $1.25 million with a bank and three financial institutions. Had the HKPCU known that the information contained in the two loan application forms concerned was false or incomplete, it would not have approved the defendant’s applications.
The Police and HKPCU had rendered full assistance to the ICAC during its investigation into the case.
The prosecution was today represented by ICAC officer Keith Chu.
Police Constable Lam Chun-kit, 47, pleaded guilty to two counts of fraud, contrary to section 16A (1) of the Theft Ordinance.
Magistrate Mr Jason Wan Siu-ming adjourned the case to April 3 for sentence, pending the defendant’s community service order report. The defendant was granted bail.
The court heard that at the material time, the defendant was a Police Constable and a member of the HKPCU, which provided loan service to its members. In February and October 2021, the defendant made two loan applications to the HKPCU and declared on the application forms that he had no loans from banks or financial institutions. He was subsequently granted two loans totalling over $140,000.
The ICAC investigation arose from a corruption complaint referred by the Police. Enquires revealed that when the defendant applied for the two loans, he had outstanding loans totalling at least about $1.25 million with a bank and three financial institutions. Had the HKPCU known that the information contained in the two loan application forms concerned was false or incomplete, it would not have approved the defendant’s applications.
The Police and HKPCU had rendered full assistance to the ICAC during its investigation into the case.
The prosecution was today represented by ICAC officer Keith Chu.