Fugitive extradited from United States

A 58-year-old Hong Kong man wanted for a case of false accounting involving about $41.4 million was extradited from the United States (US) to Hong Kong today (February 7).

Initial enquiries revealed that between July and August 1993, the 58-year-old man manipulated a garment trading company to obtain about $41.4 million in cash advance from three banks in Hong Kong by presenting forged documents.

The banks subsequently found that the documents were forged and a report was made to Police's Commercial Crime Bureau on September 21, 1993.

Investigations showed that the man departed from Hong Kong in early September, 1993 before the report was made and had not returned since then.

Upon the request from the Hong Kong Police, the man was arrested in New York by the US authorities on May 18, 2006 and he was extradited to Hong Kong today.

The man will be detained overnight for enquiries.


Police Report No. 4

Issued by PPRB

Ends/Wednesday, February 7, 2007