Burst
Written by: Wanting Yang
2021-07-10 17:42
The last update date: 2021-07-10 22:52
The former CEO of a listed company was revealed to have privately auctioned off famous wines stored by business partners and was arrested on suspicion of theft yesterday.
The 42-year-old man was commissioned by a business partner last year to store a batch of about 900 bottles of famous wine in the wine warehouse. During the period, he suspected that he was concealed from the other party, and part of the famous wine was auctioned for profit.
As of last month, the other party requested to retrieve the batch of famous wines, but the man was unable to return them all. Among them, the total value of about 25 million yuan and a total of 489 bottles of famous wines were unknown. In the end, the man was arrested by the police.
According to the listed company's information, a man surnamed Liang resigned and retired as the company's chief executive officer and executive director last month.
The police arrested a man on suspicion of theft, reportedly a former CEO of a listed company.
(Photo provided by the police)
In September last year, a man commissioned his business partner to temporarily store about 900 bottles of wine in a warehouse on Hung Cheung Road, Tuen Mun. Later, the male victim requested the batch of wine to be retrieved in June this year, but the other party failed to return the total. With a total of 489 bottles worth about 25 million yuan, the male victim called the police for help.
The Tuen Mun Police District Crime Squad took over and followed up and targeted a target man. A 42-year-old local man named Leung was arrested on suspicion of theft in Kowloon yesterday (9th).
The arrested person is currently being detained for investigation, and the police do not rule out more arrests.
It is understood that the arrested man is the former chief executive officer of a listed company. After he was suspected of being entrusted with storing the wine, he auctioned the wine privately for profit.
Later, the victim asked to retrieve the famous wine, but the arrested person could not return it, and the incident finally happened.
According to the information, the listed company sells and wholesales various wine and spirits products in Hong Kong. There was a high-level personnel change in June. A man surnamed Liang resigned and retired as the company’s chief executive officer, executive director, etc., referring to hope Devote more time to personal affairs.
The police urge the public to take good care of their valuables. If they need to entrust or rent goods to store and store their belongings, they can find a reputable company and keep relevant records and documents to protect the rights of the owners.
In addition, when someone sells you some goods of unknown origin, if in doubt, do not buy the goods, and you should call the police immediately for help.
The police reiterated that theft is a serious crime. Once convicted, it can be sentenced to up to 10 years' imprisonment. The public should not try the law.
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