Man sentenced for false accounting
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A 45-year-old man was sentenced at the District Court today (July 9) to two years and 10 months' imprisonment for offences including false accounting and procuring the making of an entry in the record of a bank by deception.

The man was arrested in Las Vegas in the United States of America and extradited to Hong Kong on December 21, 2006.

The court heard that the defendant manipulated four trading companies to obtain cash advances totalling HK$8 million from a bank by presenting false shipping documents in November and December 1995.

The man had fled to the United States in January 1997. Upon request from the Hong Kong Police, he was arrested in Las Vegas by the US authorities on August 24, 2006, and was subsequently extradited to Hong Kong on December 21, 2006. The trial began at the District Court on May 13, 2008.

The defendant was subsequently charged with 10 counts of false accounting and five counts of procuring the making of an entry in the record of a bank by deception. He was found guilty of the offences on June 19 and the sentence was handed down today.

Police Report No. 7
Issued by PPRB

End/Wednesday, July 9, 2008
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