Hong Kong court restores jail terms for 4 in HK$51 million Convoy fraud case

Hong Kong’s top court has reinstated the convictions and jail sentences of four conspirators who defrauded HK$51 million (US$6.6 million) in commissions and bonuses from a leading finance company in the city’s biggest corporate scandal in decades. In a unanimous decision on Wednesday, the Court of Final Appeal handed the city’s graft buster the victory in its eight-year effort to hold some of the senior figures of Convoy Global Holdings accountable as part of a larger crackdown on white-collar...