Three missing chairmen among top 10 most wanted fraud suspects in Hong Kong
The SFC is for the first time urging the public to come forward with information about suspected financial misconduct
Three former chairmen of Hong Kong-listed companies are among the 10 most wanted people on a new list of suspected fraudsters published by the city’s financial watchdog.
For the first time in its 30-year history, the Securities and Futures Commission (SFC) is directly asking for the public’s help in tracking down fugitives wanted in connection with financial crimes. The regulator is also urging people to come forward if they suspect fraud, insider dealing, false trading or any other type of market misconduct.
The watchdog announced the new anonymous reporting channel in a statement on Thursday.
The 10 “key suspects” on the wanted list include three missing chairmen, two former executive directors, three people accused of insider-trading, a market manipulator and a fund manager.