A former Deloitte IT manager in Hong Kong has been remanded in custody pending sentencing after admitting to stealing 423 laptops from the accounting firm's office over 17 months to fund his stock trading addiction, reported South China Morning Post (SCMP).
Ho Man-kit, 40, pleaded guilty to one count of theft at the District Court on Tuesday. He admitted to misappropriating Lenovo laptops worth HK$1.2 million (US$153,000) and selling them to an electronics recycler between September 2021 and February 2023.