Future Technology, a PC retailer located in Hong Kong's Wan Chai Computer Zone 298 mall, has formally accused two of its long-serving senior employees, identified as Chung and Wong, of orchestrating a year-long scheme to steal company inventory. One of the accused held a manager-level position within the company.
The stolen stock was allegedly resold through a custom-built online store named Point Connect (pc-hk.com), which Future Technology claims directly competed with its own e-commerce operations. The employees reportedly exploited their knowledge of internal operations, inventory management, and logistics to facilitate the theft and resale.
Future Technology has referred the case to the Hong Kong police and the Independent Commission against Corruption (ICAC). The ICAC has described the uncounted losses as "quite substantial" and has requested customers of Point Connect to come forward, as their purchases may involve stolen goods. The referral to the ICAC is based on suspected breaches of Hong Kong's Prevention of Bribery Ordinance, in addition to the theft allegations.
Point Connect has issued a statement on its website, dated July 16, vehemently denying the accusations. The company labels the allegations as "seriously untrue and maliciously fabricated" and has threatened to pursue defamation proceedings, including civil damages and criminal prosecution, against those spreading the claims. Point Connect asserts that its operations and finances are "normal and legal."
Future Technology claims to possess CCTV footage, abnormal inventory records, and employee chat logs as evidence supporting its allegations. An audit and stock count are currently underway to determine the full extent of the losses. While civil claims and criminal proceedings are anticipated, neither the police nor the ICAC has publicly confirmed an investigation, and no charges have been reported yet.
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Future Technology, a PC retailer in Hong Kong, has accused two senior employees of stealing company stock for approximately a year and reselling it through a secret online store called Point Connect. The retailer has referred the case to Hong Kong police and the ICAC, with Point Connect denying the allegations and threatening legal action.