Fraudster Jailed For Using Parents' Flat For Loan

The District Court has sentenced a 25-year-old man to more than two years in jail, after he used fake documents to use his parents' flat as collateral for a loan.

The court was earlier told that Bok Yiu-tong took copies of his parents' ID cards to a law firm behind their back and forged documents to authorise the use of their flat as collateral. He then borrowed more than HK$2 million from a financial company.

Bok was 21 years old at the time and was working part-time as a waiter and a lifeguard.

His lawyer had told the court that Bok committed the fraud after an acquaintance promised him quick returns on an investment.

The court was also told that Bok regretted his actions and that his parents were saddened by the case.

The judge said Bok's guilty plea, which came later during the trial, was not timely enough and sentenced him to 28 months in prison.