This Con Man Is Going To Make Banking Harder For All Of Us

Michael MicheliniNewsletter Archive0 Comments

Dear Global Business Enthusiast,

Michael Michelini (@michelini) here. You’re getting this email because you requested my periodic thoughts on international business from Hong Kong.

[Edit: Actually, it’s possible that you’ve never gotten an email from me. Somebody might have just given you the link to this page, which is an online archive of an email that I sent to folks who had asked for it. If you’d like to get articles like this in your inbox, totally free, about once a week or two, give me your email address.]

This week – a Con-man making business harder in Hong Kong and China, Chinese fitness apps going too far, wearable concepts and more

Took a couple weeks off from the weekly newsletter – just overloaded lately – people notice! thanks for the kind messages and article submissions, we’re back on track for weekly!

So let’s start it off on a ….sensitive note. 

I have gotten a ton of people sending me a Hong Kong Free Press article onHSBC getting very tough on the banking just during the Easter holiday….

 — and now more articles coming out on how this con-man used HK and Chinese bank accounts to launder money and fraud big corporations

I really think these articles are linked to the reasoning why. And here’s another good article about it, with a good quote:

“extracting millions from some of the world’s best educated and most privileged” and laundering it through China

all of these articles sent via – a ton of readers who mostly want to stay anonymous!! So many people too, well one shout out to Matt Webb – breaking the news to me about the HK Free Press Article.

A new concept “one tree, one phone case” from a HK based startup that is helping the rainforest:

via Chris Moore

Is this taking “social pressure” a bit too for for health and fitness in China?

Global From Asia News

Listen to this week’s podcast
This week’s podcast – Wearable products are always an extra challenge, we have Matthew Chow talking about his experience merging his leather expertise and a consumer electronics

I had a lot of fun being interviewed on Rico’s “Made in China” podcast – jam packed with tons of stories and tips on China business + productivity.

Photo of the Week

My amazing wife Wendy and newborn daughter Maggie being team players helping me go to the Cross Border Summit venue all afternoon to bargain a million details in Chinese!

Sharing is Welcome and Appreciated

 https://www.globalfromasia.com/con-man-hk-banks

Sent Mar 31, 2016

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I’d love to hear from you!

– Michael Michelini
mike @ globalfromasia.com
Hong Kong

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