A former property agent, charged by the ICAC, was today (June 10) sentenced to seven weeks’ imprisonment at the Eastern Magistrates’ Courts for fraud by inducing her then employer not to collect an agency commission of $47,800 from a tenant by concealing a leasing transaction she had procured.

A former manager of an interior design and renovation company was charged by the ICAC yesterday (June 8) with defrauding the company of and stealing from it a total of over $4.6 million.

A Police Constable, charged by the ICAC, was today (June 9) sentenced at the Shatin Magistrates’ Courts for placing illegal bets totalling over $320,000 with a bookmaker on football matches and baccarat. The illegal betting activities were revealed in the course of a corruption investigation by the anti-graft agency.

The ICAC today (June 8) charged a former administrator of an international kindergarten for allegedly soliciting and accepting bribes totalling over $900,000 from a number of parents for assisting in their children’s admission to K1 class of the kindergarten. A parent rejected the solicitation on the spot while 10 others who had allegedly offered bribes were also charged.

The ICAC today (June 7) charged a former senior regional manager of an insurance company with deceiving the insurer into paying commissions and bonuses totalling over $87,000 to her and her daughter-cum-downline insurance agent by making false representations that three insurance policies were handled by her daughter.

Two former senior executives of two construction companies, charged by the ICAC, were today (June 4) each sentenced to four years’ imprisonment at the District Court for conspiracy to defraud for their roles in a $75.3 million letters of credit (L/Cs) scam, and laundering over $10 million in crime proceeds.

The ICAC today (June 2) charged a former executive director of a listed company, his wife and another person for allegedly conspiring together to defraud The Stock Exchange of Hong Kong Limited (SEHK) and the listed company by concealing the wife’s interests in a borrower when the listed company granted two loans totalling over $70 million to it. The executive director was also charged with fraud for allegedly concealing his wife’s interests in the borrower in another loan of $40 million.

A director of an engineering company, charged by the ICAC, was today (June 1) sentenced to 39 months’ imprisonment at the District Court for conspiring with a director of a consultancy firm to deceive a project developer into awarding a plumbing and drainage installation contract of a hotel development project worth $23 million to the engineering company.

The ICAC today (May 31) charged a former branch manager of a currency exchange company with stealing $940,000 from the company and using a false transaction record to cover up her misappropriation.

A man was charged by the ICAC today (May 27) with managing a divan where heroin and “ice” were sold to drug users. The illegal activities were revealed in the course of a corruption investigation.