Connaught West Ltd v Global Fiduciary Solutions Ltd & others
HK Court of First Instance, 07-Jan-2019
The court grants the plaintiff a preservation order after funds had been transferred to a bank account of Churchill Nominees (Hong Kong) Ltd and to a brokerage account of Brite Advisors Pty Ltd.
Orgs
People
SFC freezes a client account, suspects market manipulation and/or fraud
SFC, 16-Dec-2016
The Gazette also published today shows the amount frozen in the account at Interactive Brokers is HK$1,298,523 and the freeze notice was issued on 22-Nov-2016. This relates to an investigation of unauthorized internet trades in hacked securities accounts at other firms between 7 and 15 October 2015. IB is not under investigation.