Antonia Croke

Antonia Croke

Hogan Lovells

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"Too good to be true" – Hong Kong court finds bank not liable for fraudulent investment introduced by employee

The court in Luk Wing Yan v. CMB Wing Lung Bank Ltd. [2021] HKCFI 279 found the defendant not liable for the actions of one of its employees who fraudulently offered investments which caused loss to the plaintiff. ...more

3/18/2021  /  Banks , Criminal Prosecution , Duty of Care , Employee Misconduct , Forgery , Hong Kong , Investment Fraud , Negligence , Tort , Vicarious Liability
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