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 From Hong Kong's Information Services Department
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August 31, 2004
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Crime

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Fraud suspect extradited

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Hong Kong Police

A 54-year-old man wanted in a fraud case has been extradited back to Hong Kong from the Mainland. He was handed to Police today by the Public Security Bureau.

 

He has been charged with six counts of "procuring an entry in the record of a bank by deception" and will appear in Eastern Magistracy tomorrow.

 

The man was a shareholder and a director of two trading companies. Between May 2000 and October 2001, he signed a number of false documents and successfully negotiated six letters of credit involving $9.6 million from different banks.

 

He left Hong Kong on October 15, 2001, and Mainland police were asked to help locate him. He was found by Jiangmen police on August 24.