Former Wang Fuk Court Representative and Wife Held Over Fraud, Money Laundering The arrest of Jason Kong Cheung fat and his wife Rosanna Cheung Yeuk lan is a stark reminder that those in positions of power can exploit the system for personal gain.
The couple, who represented the Wang Fuk Court, have been accused of exploiting Hong Kong's 100 per cent Personal Loan Guarantee Scheme, designed to support struggling businesses during the pandemic.
The scheme was intended to provide relief to companies affected by the crisis, but instead it appears to have been used as a means for the couple to siphon off hundreds of thousands of Hong Kong dollars.