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A 44-year-old woman, who was in connection with a bank credit fraud, was sentenced to seven years and three months﷿ imprisonment at the Court of First Instance today (January 18).
The court heard that between January and July 2007, the defendant, together with her 45-year-old husband and 51-year-old male relative, used false invoices to obtain a total of $153 million invoice financing loans from 14 banks, claiming the loans would be used for purchasing notebook computers from the supplier.
Police received the report in the same year. After extensive investigations, the officers of Commercial Crime Bureau (CCB) arrested the three persons and subsequently charged them with 14 counts of fraud.
Defendant﷿s husband and male relative were convicted at the Court of First Instance on June 2, 2011 and later sentenced to imprisonments of seven years and three months and eight years and three months respectively. The defendant was also convicted yesterday (January 17) and sentence was handed down today.
Police reiterated that they have full resolve in combating commercial crime of this nature in order to maintain Hong Kong's safe and stable business environment.
Police Report No. 213
Issued by PPRB
Ends/Wednesday, January 18, 2012
Issued at HKT 19:17
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