In Brief

Four deny HK$2.6m sales commission fraud

Two directors and two employees of an insurance brokerage swindled New York Life out of HK$2.6 million in sales commission, a court heard yesterday. Ho Ka-keung, 40, Chang Chi-chung, 27, Chiu Chi-shing, 23 and Ko Mei-yin, 39, denied in the District Court a joint charge of conspiracy to defraud by inducing New York Life to pay commission to a company, Sky Pacific, of which Ho and Chiu were the directors and shareholders, Chang an insurance broker and Ko a clerk. New York Life had agreed to pay Sky Pacific commission of up to 138 per cent on policies if Sky Pacific exceeded its sales target, the court heard. The four defendants allegedly inflated their sales by lying to 23 clients that their first year's premiums would be waived. This enabled them to collect more than HK$2.6 million in advance commission in 2003.

Fine for late salary payments

Sha Tin Court fined a company HK$33,000 for failing to pay five employees on time. The prosecution against Take One, also known as Shanghai's Choice, was initiated by the Labour Department.

Charge over fatal accident

A 24-year-old will appear in Kwun Tong Court today charged with dangerous driving causing death after a truck he was driving killed a 44-year-old woman in Mong Kok on Thursday.