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  • April 25, 2014
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  1. News - Hong Kong - COURTS

    Model jailed three years for spending HK$340,000 on lover's credit card

    Posted Oct 31st 2012, 12:00am by Jennifer Cheng

    ... Jennifer Cheng jennifer.cheng@scmp.com Man buys 58 iPads without shops realising that his name isn't 'Yvette' Model gets jail for use of lover's credit card A male model was jailed for three years yesterday for spending HK$340,000 on his lover's credit cards to buy iPads by the dozen and other gadgets, which he then resold. Koo Chi-nga, 35, had ...

  2. Business - Banking & Finance

    Citi heats up China credit cards

    Posted Sep 20th 2012, 10:14am by Doug Young

    ... Doug Young   China's credit card market could be heading for a major explosion soon, following the official entry of the first foreign card issuer to the market in the form of global ... at the actual news first, followed by the resulting chain of events we're likely to see in the next few years. Citi, working with global credit card giant MasterCard (NYSE: MA) and China's ...

  3. Citibank slowdown in plastic spending

    Posted May 25th 2012, 12:00am

    ... Anita Lam anita.lam@scmp.com Citibank saw growth in credit card spending in Hong Kong slow in the second quarter, with retail sales in April and May rising about 20 per cent year on year, ... credit card spending grew by just five per cent in April, a rebound in May lifted the total for the two months, Ng said. Citibank's first-quarter growth in credit card spending was nearly ...

  4. Business - Banking & Finance - BANKS

    Cut in fees for credit-card payments to erode bank profits

    Posted Nov 29th 2012, 12:00am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Bid to boost domestic consumption through lower payment charges to badly affect lenders Credit-card fee cutto erodebank profits Beijing's efforts to boost domestic consumption may weigh on banks' profits as a reduction in credit-card transaction fees will eat into their fee income. The State Council had approved a plan ...

  5. News - Asia - AUSTRALIA

    Police bust Australia’s biggest credit card scam

    Posted Nov 29th 2012, 11:15am by Agence France-Presse in Sydney

    ... Agence France-Presse in Sydney A Romanian syndicate allegedly responsible for the biggest credit card data theft in Australian history has been smashed, police said on Thursday. An international investigation saw seven people charged in Romania with stealing the details of about 30,000 credit cards and using the information to buy goods around the world worth some US$31 million. ...

  6. News - Hong Kong - CRIME

    9,000 counterfeit credit cards seized in Kwun Tong

    Posted Nov 24th 2012, 12:00am by Clifford Lo

    ... Clifford Lo clifford.lo@scmp.com 9,000 fake credit cards seized in Kwun Tong Nearly 9,000 unfinished fake credit cards have been seized in a raid on a Kwun Tong flat, the largest haul ... and logos of a variety of international and Hong Kong banks but were not ready to be used. "All are unfinished fake credit cards. No name and account details are embossed on the front," ...

  7. News - Hong Kong - COURTS

    Male model convicted of credit card deception

    Posted Oct 09th 2012, 12:00am by Joyce Man

    ... A male model was found guilty yesterday of 18 deception-related charges for using socialite Yvette Yung's credit cards two years ago to buy dozens of iPads and resell them for cash. ... of obtaining property by deception and two counts of attempting to do so. Koo had pleaded not guilty. He used credit cards in Yung's name to buy 58 iPads, a digital camera and an iPhone worth ...

  8. Students need to dump credit cards

    Posted Jul 12th 2012, 12:00am

    ... After reading an article about students being caught in credit card traps, it made me wonder who is most responsible for this. I think it is more the fault of university students ... their children how to use their money wisely. With some assistance, I think students would be mature enough to resist the attraction of credit cards. Also, they should realise that they are not really ...

  9. Scam warning after wedding photo complaints soar

    Posted Apr 17th 2012, 12:00am

    ... about credit card renewals and faulty food labelling. The council received 36 complaints about wedding photos in the first three months of this year- nine more than in the first quarter of 2011. ... publicity and community relations committee, Philip Leung Kwong-hon, said yesterday. The council also called on credit card issuers not to upgrade customers' cards without asking them first ...

  10. Fabulous fare can be found on local tables and shelves- but be sure to bring your credit card

    Posted Jan 12th 2012, 12:00am

    ... Robin Lynam foodandwine@scmp.com Hokkaido food certainly tastes best on location, but you don't need to go all the way there to get just a taste of the island's famously pure produce. The seafood, dairy produce, noodles, beer and whisky for whic ...




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