Category Archives: Enforcement

Ex-manager of electric motors company charged by ICAC pleads guilty at High Court to $70m purchase orders fraud by concealing conflict of interest

Seh Yat-wing, a former manager of Johnson Electric Group, pleaded guilty to fraud after admitting [...]

Retired C&E Inspector and wife charged by ICAC over $1.5m housing allowance fraud

A retired Customs and Excise (C&E) Inspector, Terrance Lau, and his wife, Liu Ching, were [...]

Mastermind and 12 others charged by ICAC in $52m dummy agents commissions fraud plead guilty in District Court

A corruption investigation by the ICAC uncovered a fraudulent insurance scheme where individuals, led by [...]

Then-Police Constable charged by ICAC for breaching anti-bribery law over acceptance of unauthorised loan from subject in concluded case

A former Police Constable, Mak Kwok-hung, was charged by the ICAC on November 20 for [...]

Exchange’s Disciplinary Action against a Current Director of Tenfu (Cayman) Holdings Company Limited (Stock Code: 6868)

The Stock Exchange of Hong Kong criticized Mr. Tseng Ming-Sung, a non-executive director of Tenfu [...]

SFC issues restriction notices to four brokers to freeze client accounts linked to suspected account hacking and market manipulation

The Securities and Futures Commission (SFC) has issued restriction notices to four brokers—Interactive Brokers Hong [...]

Team leader of Three-Runway System Project charged by ICAC jailed for 17 weeks for accepting bribes from imported workers

A team leader of carpenters at Hong Kong’s Three-Runway System Project was sentenced to 17 [...]

SFC suspends Wang Shian-tang for 26 months

The Securities and Futures Commission (SFC) has suspended Wang Shian-tang, a former representative of Yuanta [...]

Insurance intermediary charged by ICAC gets seven months’ jail for conspiring with policyholders over insurance claims fraud

Lalwani Jay Jerome, an insurance intermediary, was sentenced to seven months in prison for conspiring [...]

SFC withdraws Restriction Notice to broker over client’s suspected insider dealing after obtaining court order to freeze assets

The Securities and Futures Commission (SFC) has lifted the Restriction Notice that had prevented Bright [...]