Property agent cheats boss & client out of over HK$4 million: police

2019-04-04 07:01
BY admin
Comment:0

A local property agent cheated his boss and a local businessman out of over HK$4 million by claiming he had paid a developer the commission and service fees required for buying 11 deluxe flats on the mainland, Judiciary Police (PJ) spokesman Chan Wun Man said during a regular press conference yesterday.

Chan identified the suspect as a 49-year-old surnamed Ng, who at the time of the alleged crime worked as a manager of a property agency in Taipa. He told the police that he now works for another property agency in Taipa. The businessman is 47-year-old local resident whose surname was not released.

According to Chan, the incident happened in 2014 when he worked as a manager of a sub-branch of a property agency in Taipa. The local businessman planned to buy 11 deluxe flats for HK$70 million on the mainland. Ng asked him to pay HK$3.44 million in service fees to the developer in advance. As the victim believed him, he paid the money. Then Ng forged a number of transaction documents and receipts and collected 1.28 million yuan (1.54 million patacas) in purported commission, paid on two occasions, from his company in the same year.

PLEASE READ THE FULL ARTICLE IN OUR PRINT EDITION.

0 COMMENTS

Leave a Reply