Ex-policeman Spared Jail Over Housing Benefit Fraud
"); jQuery("#212 h3").html("
"); });
2021-02-11 HKT 20:52
Share this story
A former police officer was given a suspended jail sentence on Thursday after pleading guilty to making a fraudulent housing benefit claim, allowing him to stay in the police quarters for 15 years.
Lee Tak-ming was found to have lied about his marital status and failed to declare that he had been divorced in 2005, which would make him ineligible to live in his Tsuen Wan quarters.
He remained in his flat until he left the force last July.
At a hearing at West Kowloon Magistracy, the defence said in mitigation that Lee failed to declare that he was divorced because he couldn't forget his former wife, who used to live there with him.
The defence also said he has shown symptoms of depression and is on medication.
Principal Magistrate Peter Law handed down a four-month jail term, suspended for one year.
He also told Lee to put his failed marriage behind him.
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more