Hong Kong businessman Carson Yeung Ka-sing, the Birmingham City owner, has been a very naughty boy. Here’s the summary:
Between 2001 and 2007 Yeung and his father reported no income but HK$721 million (US$ 93 million) somehow found its way into their five bank accounts. Yeung said he made some money working as a hairdresser to HK’s rich and famous, and then invested and gambled his way to riches (while keeping little or no documentation of any transactions). After a 53-day trial, the judge concluded Yeung was a liar and a money launderer, mixed up with triad bosses and other lovely people.
Continue reading Crops and Bobbers: Birmingham City and the Hong Kong hairdresser