SFC bans thief Charles Lam Chung Yiu, ex-UBS, for life | Reasons for sentence
SFC, 2-Sep-2024
He intercepted payments due by UBS to clients who were overcharged in prior transactions. He legally changed his name to client names twice, getting new IDs to open bank accounts to receive the money. He also sent funds to sellers of handbags and watches, and sold watches to Sun Moon International Ltd. He was arrested at HK Airport in Dec-2020 heading for the UK with Rolex watch tags and immigration papers for him and his dog. His wife is already there.

• Orgs
  • CENTURY TRADING (ASIA) LIMITED
  • UBS AG
• People
  • Lam, Charles Chung Yiu 林忠耀