ON the outside, convicted killer Hon Leung-fong was every bit the prosperous, smooth-talking yuppie with a taste for sharp suits and expensive jewellery. By his early 30s the high-flier, described by his lawyer as ''a Hong Kong success story'', had built up two companies with a multi-million dollar turnover. Having grown up in an average family without higher education, he built up his career step-by-step and was operating a property agency and a textile concern in Tuen Mun before his arrest. He owned a Mercedes-Benz, and was sometimes driven round by a chauffeur. He did not need to spend much time at his property company, which recruited mainly young people. His textile company, Paradise Textiles, had a turnover of between $32 million and $58 million a year, before his arrest, and was growing. But today the firm is collapsing and Hon is facing bankruptcy. Paradise Textiles has been locked up under a court order since early this year. It also owes several months of management fees. The Dairy Sky Industries property company, to which victim Elaine Luk Yee-ling was lured, was closed almost immediately after the killing. A furniture shop has taken its place. A registered address in a middle-class private building in Tsuen Wan, said to be the residence of Hon's mother, is no longer occupied by his family. But when police raided his Tuen Mun home following the death of Luk, they discovered a sordid collection of 28 home-made pornographic videos. Officers who seized the films said they were appalled at the contents which they said showed Hon sexually and physically abusing a number of women. One officer involved in the investigation said of the tapes: ''Some of them featured violence. The women were suffering, but despite their protests he continued to have sex with them.'' Another person involved in the case said Hon, who had a large number of girlfriends, seemed to have a ''Rasputin-like influence over women''. Police revealed they had tracked down about five of the women featured on the videos, but all claimed they had consented to sex. Among the nine women on the tapes were three of his employees including his lover Phoebe Wong. Hon, who lived with another woman and their baby son, started his bizarre relationship with Wong after suggesting she could repay a $50,000 loan with sexual favours at $5,000 a time. Wong's defence counsel Niall Stirling told the High Court the former karaoke hostess had been infatuated with her boss. But Mr Stirling said a few months into their affair the businessman told her he wanted to shoot a video tape of her as ''some sort of token''. ''He said if she refused to be filmed she would be dismissed and would immediately have to repay the debt. A video film was made of the two of a sexually explicit nature. Prior to that he had had relations with another two of his female employees and made video films of them, again of a sexually explicit nature.'' But in July Hon told his new lover he also wanted sex with Luk after the student started working for his property company Dairy Sky. Mr Stirling told the court: ''He told Wong he would want to shoot a video tape of Luk's naked body as he liked to shoot video tapes of girls with whom he had sexual activities to keep as souvenirs.'' But Hon's defence counsel Gary Plowman QC painted a very different picture of the businessman whom colleagues described as ''smart, energetic and hard-working.'' Chong Siu-ning, 50, owner of a grocery next to Hon's Dairy Sky company, said Hon looked like a gentleman. ''Hon did not often come to his company. He usually visited it two or three times a week and each time he did not stay long. ''But sometimes he dropped in our store to buy soft drinks. He did not speak much but he was quite polite. He greeted me every time he entered my shop. He looked very gentle. I could not imagine he's a killer,'' he said. Winnie Wong of a stationery shop said Hon looked a good man - tall and smart. ''But only God knows if he's really good. People always say you cannot tell a man by his appearance. Now I know this is true. I will never judge a man by his appearance.'' But Ms Wong said Phoebe Wong was rash and wild and she did not want to talk to her. Chimmy Chiu of a nearby property company said Hon's company did not look like a normal property firm. She said: ''We have contacts and information exchanges with other nearby agencies but not with Dairy Sky. ''The company was very quiet and most of its staff looked very young and did not stay long.