Police nab 3 for cheating bank out of HK$20 million

2016-07-20 08:00
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The Judiciary Police (PJ) announced yesterday the arrests of a man and two women for an alleged scam in which they worked together with a fugitive male suspect to deceive a local bank into lending them HK$20 million for their business in the mainland.

A PJ spokesperson said at a regular press briefing yesterday that the bank reported the case to the police last November.

The spokesperson identified the three suspects as a 40-year-old man surnamed Pun, a 41-year-old woman surnamed Wu and a 55-year-old woman also surnamed Pun. All of them are locals. Wu is the wife of the fugitive suspect, while the other two are his relatives.

Please read the full article in our print edition.



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