Former Standard Chartered bank staff jailed over HK$28m Africa investment scam
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All 1 reports on Thu, 6 August 2026
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Thu, 6 August 2026
1 report- South China Morning Post13:07first to report
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 investment scam between January 2015 and September 2016. The defendants, both 39, had earlier...