10 admit forging details to obtain loans

PUBLISHED : Saturday, 12 July, 2008, 12:00am
UPDATED : Saturday, 12 July, 2008, 12:00am

Ten people admitted using forged personal information and student cards to apply for loans. They were working for a mastermind, who earlier pleaded guilty to conspiracy to defraud and who paid them commission. One man and nine women aged 19 to 25 pleaded guilty yesterday to the same charge. The District Court heard they obtained HK$315,000 in loans from three finance houses. They will be sentenced next month.