Woman jailed for forgery and using false instrument
A 38-year-old woman was sentenced to three years' imprisonment upon conviction of forgery and using a false instrument at the District Court today (August 15).
The court heard that the defendant was an ex-financial controller of a Hong Kong based company whose business is the provision of telecommunication and data network services in the Mainland.
In September 2004, the defendant was terminated by the company. On November 19 and December 14 in 2004, she created two shares issuing instructions and later forged the authorized signatory of the company's chairman, resulting in the issuing of 13,000 shares to herself.
The defendant then sold the shares and pocketed the proceeds of about $1 million.
The company made a report the Police on January 3, 2005 and the defendant was arrested on the same day.
Following investigations by Police Commercial Crime Bureau, she was charged with two counts of forgery and two counts of using a false instrument.
She was convicted of all charges and the sentence was handed down today.
Police Report No. 5
Issued by PPRB
END/Tuesday, August 15, 2006