A 43-year-old man was found guilty of engaging in Internet auction fraud and sentenced to four months' imprisonment at Kowloon City Magistracy in Hong Kong Wednesday.
This is Hong Kong's first case of Internet auction fraud where the defendant was sentenced to imprisonment. Another defendant of a fraud case was convicted but only fined earlier this month, according to a Police report.
Officers of the Technology Crime Division of the Commercial Crime Bureau mounted an operation against Internet auction fraud in May. Upon analysis on the information gathered in the operation, the 43-year-old man was found to have raised the ticket prices of a concert by posing as another auctioneer to place the bid.
The man was subsequently arrested on May 28 in a residential unit in Wong Tai Sin.