Hong Kong police investigate after man arrested over forged documents to apply for early withdrawal of HK$75,000 MPF pension
- Arrest of 36-year-old in Tsing Yi comes a week after city’s graft-buster revealed it had arrested 20 people on suspicion of committing similar offence
- Police say he was offered assistance for his Mandatory Provident Fund withdrawal application in exchange for HK$27,000 commission
Hong Kong police have launched an investigation after they arrested a man for allegedly forging documents to apply for early withdrawal of his HK$75,000 (US$9,580) pension.
The company suspected some of its members were making false declarations of permanent departure from Hong Kong to apply for early withdrawal of a total of more than HK$1 million from their pensions.
Residents can only withdraw the funds before the age of 65 if they can show they are permanently departing the city, have become unable to ever work again or are terminally ill.
“Our investigation found the suspect was promised assistance in applying for early withdrawal of their MPF, and would be charged a HK$27,000 commission if the application was approved,” police said.
The case is ongoing and the force has not ruled out more arrests.
