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Diamond buyer admits stealing HK$11m to fund gambling

A former procurement manager in Hong Kong has admitted to stealing over HK$11 million (US$1.4 million) worth of diamonds. Mui Ka-fai, who worked for Tse Sui Luen Jewellery, manipulated consignment records over a six-year period to fund a gambling addiction. He resold the stolen diamonds, which amounted to 2,557 carats, to generate profits for his betting habit. AI

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Diamond buyer admits stealing HK$11m to fund gambling

COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Fiona Chow ·

    Diamond buyer admits stealing HK$11m worth of gems to fund gambling addiction

    A former procurement manager at Tse Sui Luen Jewellery in Hong Kong has pleaded guilty to stealing diamonds worth more than HK$11 million (US$1.4 million) from suppliers over six years by manipulating consignment records to fund his gambling habit. The High Court heard on Monday …