Former Standard Chartered bank staff jailed over HK$28m Africa investment scam
Two former relationship managers at Standard Chartered Bank in Hong Kong have been jailed for three years for swindling HK$28 million (US$3.6 million) from 21 Japanese investors who believed their money would fund development projects in Africa. The District Court on Thursday sentenced Woo Man-ho and Chan Tak-ching on a total of four counts of conspiracy to defraud arising from a transnational…
We haven't written up this one. South China Morning Post has the full story — the link below goes straight to it.
