Read the full judgment text of HCA 001774/2005 on BabelCite. This High Court CFI judgment was delivered on 29 August 2006.
1. Promail was incorporated in 1999. Mr Shee was appointed a director in mid-2000. It is now clear that Promail was established for criminal purposes. It operated a pyramid selling scheme which was fraudulent. On 19 December 2000, a Restraint Order was made pursuant to S 15 Organised in Serious Crimes Ordinance Cap 455 restraining dispositions from various bank accounts, including Mr Shee’s accounts. Police raided the offices of Promail on 20 December 2000 and arrested various people.
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