15 May 2025
證券及期貨事務監察委員會 訴 賴嘉怡
- Citation
- [2025] HKCFI 3132
- Court
- Court of First Instance
- Case number
- HCMA459/2024
On the whole of the evidence (victim's testimony, WhatsApp records and month‑end statements) the appellant represented to the victim that she was carrying on a securities trading business; applying Lee Yee Shing factors and the broad definition of 'business' the representation (holding out) was proved beyond reasonable doubt and no reasonable excuse was established; the conviction therefore stands and a two‑week immediate custodial sentence was proportionate in the circumstances given the deception, substantial loss and lack of remorse.