Ex-manager of garment ink company admits $480,000 payments fraud
2019-7-3
A former manager of a garment ink company, charged by the ICAC, admitted at the West Kowloon Magistracy today (July 3) that she had deceived her employer into placing 11 purchase orders of plastic films with a company owned by her and making payments totalling over $480,000 to her company.
Ho Pui-yin, 39, former business development manager of Perfectos HK Limited (PHK), pleaded guilty to one count of fraud, contrary to Section 16A of the Theft Ordinance. The prosecution offered no evidence to a similar charge against her.
Acting Principal Magistrate Ms Ada Yim Shun-yee ordered the defendant to pay $77,000 in compensation to PHK.
The case was adjourned to July 30 for sentence, pending background and community service order reports. The defendant was granted cash bail.
The case arose from a corruption complaint. Subsequent ICAC enquiries revealed the above offences.
The court heard that at the material time, the defendant was a business development manager of PHK, which supplied garment ink designated for the imprinting of ribbons attached to apparels. She was tasked to perform various duties, including placing purchase orders for plastic films, a raw material used for imprinting patterns onto garment products, with suppliers on the Mainland for PHK’s clients.
In the same month before the defendant joined PHK in 2011, Win Yin (HK Group) Ltd (Win Yin) was incorporated with the defendant as its sole shareholder-cum-director.
The court heard that after receiving an order from a client, the defendant was authorised to select a suitable supplier for placing purchase orders on behalf of PHK without the need to go through any quotation exercise.
Between December 20, 2011 and May 25, 2013, PHK received 11 orders for plastic films from its customers. The defendant caused PHK to place these 11 orders with Win Yin without disclosing to PHK her interests in Win Yin.
In the belief that products of the 11 orders were supplied by Win Yin, PHK approved and arranged payments totalling over $480,000 to Win Yin. A major sum out of the payments were subsequently transferred to the defendant’s personal account.
ICAC enquiries revealed that the defendant had used Win Yin to receive plastic film orders from PHK, and further placed orders with other suppliers to provide products at a lower price.
Contrary to PHK’s requirement, the defendant had never disclosed or declared to PHK her interests in Win Yin. Had the management of PHK been aware of her interests in Win Yin, PHK would not have accepted the purchase orders and released payments to Win Yin.
PHK had rendered full assistance to the ICAC during its investigation into the case.
The prosecution was today represented by Senior Public Prosecutor Winnie Mok, assisted by ICAC officers Jason Tsang and Clarence Mok.
Ho Pui-yin, 39, former business development manager of Perfectos HK Limited (PHK), pleaded guilty to one count of fraud, contrary to Section 16A of the Theft Ordinance. The prosecution offered no evidence to a similar charge against her.
Acting Principal Magistrate Ms Ada Yim Shun-yee ordered the defendant to pay $77,000 in compensation to PHK.
The case was adjourned to July 30 for sentence, pending background and community service order reports. The defendant was granted cash bail.
The case arose from a corruption complaint. Subsequent ICAC enquiries revealed the above offences.
The court heard that at the material time, the defendant was a business development manager of PHK, which supplied garment ink designated for the imprinting of ribbons attached to apparels. She was tasked to perform various duties, including placing purchase orders for plastic films, a raw material used for imprinting patterns onto garment products, with suppliers on the Mainland for PHK’s clients.
In the same month before the defendant joined PHK in 2011, Win Yin (HK Group) Ltd (Win Yin) was incorporated with the defendant as its sole shareholder-cum-director.
The court heard that after receiving an order from a client, the defendant was authorised to select a suitable supplier for placing purchase orders on behalf of PHK without the need to go through any quotation exercise.
Between December 20, 2011 and May 25, 2013, PHK received 11 orders for plastic films from its customers. The defendant caused PHK to place these 11 orders with Win Yin without disclosing to PHK her interests in Win Yin.
In the belief that products of the 11 orders were supplied by Win Yin, PHK approved and arranged payments totalling over $480,000 to Win Yin. A major sum out of the payments were subsequently transferred to the defendant’s personal account.
ICAC enquiries revealed that the defendant had used Win Yin to receive plastic film orders from PHK, and further placed orders with other suppliers to provide products at a lower price.
Contrary to PHK’s requirement, the defendant had never disclosed or declared to PHK her interests in Win Yin. Had the management of PHK been aware of her interests in Win Yin, PHK would not have accepted the purchase orders and released payments to Win Yin.
PHK had rendered full assistance to the ICAC during its investigation into the case.
The prosecution was today represented by Senior Public Prosecutor Winnie Mok, assisted by ICAC officers Jason Tsang and Clarence Mok.