Former Dah Sing Bank trader banned for life
The city's Securities and Futures Commission prohibits Mok Kin Hung from re-entering the industry after his conviction for stealing from a client by forging his signature.
Hong Kong’s securities regulator SFC has banned a former Dah Sing Bank executive from re-entering the industry for life.
The Eastern Magistrates’ Court found that in July 2009, Mok Kin Hung stole HK$280,000 ($36,000) from a client account which he serviced at Dah Sing Bank by forging the client's signature on two separate transfer slips. This amounted to an unauthorised transfer and the following month the court sentenced Mok to 14 months in prison for theft.
The theft was disco…
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