Fake Wellcome coupon trader guilty of money laundering
Shopper acquired HK$1m of goods from Wellcome, using fake vouchers for 2 months

A pier worker who made HK$1.2 million by using and selling fake supermarket coupons was convicted yesterday on two money-laundering charges.

District Judge Johnny Chan Jong-herng said Chung, who had pleaded not guilty to all charges, had reason to believe the goods he bought with the fake Wellcome coupons, and money he obtained from selling them, were proceeds of an indictable offence.
He said the prosecution had, however, failed to establish beyond doubt that he knew the coupons were bogus when he used and held them.
The court heard the goods, worth HK$1 million, included 331 bottles of wine and brandy and 295 tins of infant formula, together valued at HK$180,000. They were found by police in storage space Chung had rented, along with 3,537 fake coupons.
He also made HK$200,000 from selling fake coupons online.
