Ex-manager of licensed money lender charged by ICAC jailed for 19 months for rebate fraud and laundering $320,000
A former manager of a licensed money lender, charged by the ICAC, was today (May 31) sentenced to 19 months’ imprisonment at the West Kowloon Magistrates’ Courts for defrauding the money lender of referral rebates totalling about $320,000 by making false representations that a number of vehicle mortgage loan applications were referred by two intermediaries and laundering crime proceeds.