18 years jail for Hong Kong manager who stole HK$61 million by adding ‘0’ to cheques

A Hong Kong property manager has been sentenced to 18 years in prison after bilking a housing estate out of HK$61.1 million (US$7.8 million) over a decade by inflating his reimbursement claims tenfold with the addition of a zero to issued cheques. The High Court on Tuesday found that Wong Wai-lung, who gambled all the money away, deserved a deterrent sentence for acting in gross breach of the trust placed in him as the person in charge of overseeing the chequebooks and financial documents of...