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World

Lover of HK billionaire gets 12 years for forgery

Kelvin Chan - The Philippine Star

HONG KONG — The former lover and fortune teller of quirky billionaire Nina Wang was sentenced Friday to 12 years in prison after a Hong Kong court found him guilty of forging her will to claim her multibillion-dollar estate.

High Court Justice Andrew Macrae said Peter Chan's attempt to pass himself off as the beneficiary of Nina Wang's fortune, estimated by prosecutors at 83 billion Hong Kong dollars ($10.7 billion), was "shameless, wicked and borne of unparalleled greed."

Wang, once Asia's richest woman, died in 2007 at age 69 after battling cancer.

Hong Kong police charged Chan after a court ruled in 2010 that a will purportedly leaving Wang's Chinachem Group to him was forged.

The legal battles over the will have enthralled the Chinese territory with their seamy mix of sex, big money and fraud allegations. Hong Kongers were riveted by juicy revelations such as Chan's affair with Wang, who was two decades older than him. She was nicknamed "Little Sweetie" for her girlish outfits and pigtail hairdo.

Chan was convicted Thursday of forgery and using a false instrument. The judge sentenced him to 12 years on each count, to be served concurrently.

Chan is a former feng shui master who changed his named from Tony after converting recently to Christianity.

In an attempt to prove that Wang and Chan's relationship was genuine, Chan's defense team showed videos in court last month of the pair kissing and caressing, according to media reports.

The judge said Chan was not content with the HK$3 billion ($387 million) that Wang had given to him while she was alive and decide to claim her business empire and estate as well.

"I have no doubt you are nothing more than a clever and no doubt beguiling charlatan," Macrae said in sentencing Chan, who rocked back and forth with a pained expression.

Wang inherited developer Chinachem after her husband was kidnapped in 1990. He was never found despite a $33 million ransom his family paid. She built the company into a huge property developer, with office towers and apartment complexes throughout Hong Kong.

vuukle comment

CHAN

CHINACHEM

CHINACHEM GROUP

HIGH COURT JUSTICE ANDREW MACRAE

HONG KONG

HONG KONGERS

LITTLE SWEETIE

NINA WANG

PETER CHAN

WANG

WANG AND CHAN

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