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  • November 25, 2014
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  1. Jail for loanshark gang mastermind

    Posted Apr 01st 2004, 12:00am by Sara Bradford

    ... Sara Bradford Syndicate raised $31 million by making victims pay interest rates of 2,400pc The mastermind behind a loanshark syndicate that raised more than $31 million by forcing victims to repay loans at interest rates of up to 2,400 per cent a year was ...

  2. Debt-ridden Sunac 'scraps bond sale'

    Posted Mar 09th 2011, 12:00am by Naomi Rovnick

    ... it was 'Sun Hongbin's interesting past, as well as the company's already high debt', that had made his fund pass on buying Sunac's bonds. Sunac has 1.797 billion yuan (HK$2.08 ...

  3. Debt-ridden senior constable admits snatching handbag and kicking woman on the ground

    Posted Mar 04th 2009, 12:00am by Staff Reporter

    ... Loretta Fong and Phyllis Tsang A debt-ridden senior constable grabbed a woman's handbag and kicked her as she lay on the ground, a court heard yesterday. Leung Wai-hung, 44, who ... up gambling debts and was under pressure. As a result of his conviction, Leung, who suffers from hypertension, will lose his HK$600,000 pension. Mr Boyton noted there was no aggravating ...

  4. Man killed mother to save her from debt collectors, court told

    Posted Oct 23rd 2003, 12:00am by Sara Bradford

    ... Sara Bradford Elderly woman dies three months after being hit 10 times with a sauce bottle A man who was worried that his mother would be harassed by his debt collectors hit her 10 times ... counsel, Richard Donald, said his client was scared that his mother would be harassed by people coming to the door demanding repayment of debts. 'As the reports indicate, this seems ...

  5. Two men locked up for beating woman to death over debts

    Posted Jul 09th 2003, 12:00am by Sara Bradford

    ... A man who instigated the kidnapping, torture and fatal beating of a 54-year-old woman over a $74,000 gambling debt was jailed for 11 years yesterday. Mr Justice Colin Jackson said ... debts,' the judge said. 'There can be no justification for such conduct, which is beyond what anybody in society with compassion would condone.' Chau and Lai pleaded guilty in the Court ...

  6. Debt-ridden officer jailed for trying to sell warrant card

    Posted Apr 15th 2005, 12:00am by Patsy Moy, Ravina Shamdasani

    ... card to pay off debts. Senior police constable Lau Ka-keung, 38, was found guilty of one count of using a false instrument and one count of theft. He had pleaded not guilty to both charges ... and of offering to sell his warrant card for $15,000 to an undercover officer. He said he had to pay off debts of $300,000 and the loansharks were ready to come after him for the money. The undercover ...

  7. Machine trader jailed for fraud, bribery

    Posted Aug 13th 2010, 12:00am by Patsy Moy

    ... Patsy Moy A prominent trader of textile machines has been jailed for 25 months for issuing invoices which inflated the price of machinery sold to mainland customers and by which he obtained loans from a bank of more than Euro27 million (HK$272.12 million) ...

  8. 1973- 1982

    Posted Nov 09th 2003, 12:00am by Staff Reporter

    ... Refugee tide hits Hong Kong In June 1979, in the humid misery of the old government dockyard in Canton Road, Yau Ma Tei, close to glittering five-star hotels and swanky shopping malls, huddled 10,353 Vietnamese. They were the lucky ones. Out on the South ...

  9. 2 guilty of bank fraud

    Posted Jul 30th 2010, 12:00am by Austin Chiu

    ... Austin Chiu Two textile machine dealers were found guilty yesterday of cheating DBS Bank into granting loans of more than HK$300 million by helping its mainland customers to set up shell companies in Hong Kong and exaggerating the price of machines. Henry ...

  10. The public relations nightmare is not yet over

    Posted Sep 06th 2003, 12:00am by Staff Reporter

    ... Committee concludes lessons have been learned from the unfortunate episode No one is to blame. Nor is there necessarily anything to blame anyone for. And, most importantly, the whole unfortunate episode will make BOC Hong Kong (Holdings) a better bank. Th ...




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