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Ex-Hong Kong fencer jailed 41 months for role in laundering HK$10.6 million

Asia-Pacific 1 source 1 country 🔦 Under-reported 55m ago

A former Hong Kong fencer, Chiu Man-to, was sentenced to 41 months in prison by the District Court on Tuesday after pleading guilty to money laundering charges. The court found that the athlete played a role in laundering more than HK$10.6 million (US$1.27 million) through various bank accounts.

During the proceedings, the defense stated in mitigation that the defendant had opened the mule accounts in an attempt to make a quick profit. The sentencing concludes the legal process for the former fencer, who now faces over three years of incarceration for his involvement in the illicit financial activity.

In-depth summary · AI, neutral
Read the full story at the source South China Morning Post · HK
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