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Lin Xinfang and Li Haiguang Lawyers' Fraudulent Property Transaction Lawyers Intervene in Suspension of Business

2021-11-25T08:59:12.054Z


A scam group composed of professionals was smashed by the police earlier, and 12 people were arrested, including Xiao Zhenran, former vice chairman of the Youth Democratic Alliance for the Betterment of China and barrister. The group was suspected of pretending to be the head of a vacant unit, and after embezzling the title


A scam group composed of professionals was smashed by the police earlier, and 12 people were arrested, including Xiao Zhenran, former vice chairman of the Youth Democratic Alliance for the Betterment of China and barrister.

The group was suspected of pretending to be the owner of a vacant unit, and after embezzling the title, applying for a loan or selling it through mortgage, defrauded more than 60 million yuan.


The Law Society of Hong Kong issued a statement today (25th), alleging that the police investigation revealed that Lin Xinfang Law Firm and Li Haiguang Law Firm were suspected of participating in fraudulent property transactions. The lawyers will investigate the two firms and decide to intervene in their business. , That is, the business of the two law firms was immediately terminated.


It is understood that the unit involved in the redevelopment project of the URA is located at 72 Wing Kwong Street, To Kwa Wan.

(Photo by Chen Aoqi)

The Law Society of Hong Kong stated that at the police press conference in September 2021, the authorities reported an investigation into a suspected fraudulent property transaction with a total value of more than 60 million Hong Kong dollars.

The police investigation revealed that Lin Xinfang Law Firm and Li Haiguang Law Firm were suspected of participating in the handling of these property transactions.

The Law Society of Hong Kong therefore launched an investigation into Lin Xinfang Law Firm and Li Haiguang Law Firm.

Lawyer Lin Xinfang involved at least 6 violations

Regarding the Lin Xinfang Law Firm, the Council of the Law Society has reason to suspect that its sole practitioner was suspected of dishonestly signing the conveyance document as a witness to the suspected forgery of the seller’s signature in the relevant property transaction. Die.

The council believes that exercising the statutory power of intervention is in the interests of the public or the clients of Lin Xinfang Law Firm.

The council is satisfied that Lin Xinfang Law Firm is suspected of violating the Lawyers’ Accounts Rules (Chapter 159, subsidiary legislation), including allowing unqualified persons to become authorized signatories of client accounts, failing to deposit client funds into client accounts, Overdraft of client accounts, improper transfer of client funds to the account of a law firm, failure to establish and maintain proper internal control over its accounting system, and failure to properly keep books and accounts.

It is understood that the arrested persons included practicing barrister Xiao Zhenran and his wife. Xiao Zhenran was taken back to the office to search for evidence.

(Photo by Huang Weimin)

As for Li Haiguang Law Firm, the board of directors has reason to suspect that a former employee of the firm was suspected of dishonestly signing conveyance and mortgage documents as a witness to the suspected forgery of the signature of the seller and the borrower in the relevant property transaction. The person concerned had passed away or was not in Hong Kong due to emigration.

The council believes that exercising the statutory power of intervention is in the interests of the public or the clients of Li Haiguang Law Firm.

The Council is satisfied that Li Haiguang Law Firm is suspected of violating the Lawyers’ Accounts Rules (Chapter 159, subsidiary legislation), including improper withdrawal of funds from client accounts, failure to properly maintain books and accounts, and failure to pay Its accounting system has established and maintained proper internal control.

The police's Commercial Crime Investigation Division explained the case.

(Photo by Chen Haoran)

Based on the severity of the findings of the Lin Xinfang Law Firm and Li Haiguang Law Firm, the Council has no other choice but to exercise Chapter 159, 26A(1)(a)(i)/ of the Legal Practitioners Ordinance. (ii) and 26A(1)(c) to intervene in the business of the two law firms to protect the interests of the parties of the two law firms and the public.

The business of the two law firms has ceased

The operation to intervene in the business of the two law firms was carried out today. "Near Law Firm" has been hired as the intervention intermediary of Lin Xinfang Law Firm; "Tang Huidong Law Firm" has been hired to intervene Li Haiguang Law Firm's intervention Intermediary.

Since the intervention, the business of the two law firms was immediately terminated.

No one, including the former supervisors, partners and staff of the two law firms, can continue to act on behalf of the two lawyers in any matters of any former client.

All inquiries related to the intervention in the business of the two law firms should be made directly to the corresponding intermediary.

The Law Society of Hong Kong.

(Profile picture)

In addition, the corresponding intermediary will contact the clients in the records of the relevant law firm to inform them of the situation and the relevant steps they need to take in relation to the matter, including the need to hire another lawyer, and how to file a claim for the refund of their already paid Payments to either of the two law firms.

Fake vacant homeowners cashed out, uh, more than 60 million 12 people were arrested, including barrister Xiao Zhenran and his wife

Source: hk1

All news articles on 2021-11-25

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