On June 4, 2025, the Independent Commission Against Corruption (ICAC) charged three individuals, including two former employees of Bannershop Hong Kong Limited and one of their spouses, with fraud related to a delivery services scheme that defrauded the company of approximately $6.6 million. The defendants allegedly concealed a conflict of interest by engaging a relative for delivery services without disclosing the familial relationship, which allowed them to siphon off about $1.2 million for personal gain. The case emerged from a corruption complaint and is set for mention in court.
Resources: https://www.icac.org.hk/en/p/press/index_id_2116.html
