A Hong Kong court has extended convicted forger Peter Chan Chun-chuen’s bankruptcy by four years, citing his failure to settle debts owed to the estate of the late tycoon Nina Wang Kung Yu-sum since losing a high-profile lawsuit over her billion-dollar assets 15 years ago.
The High Court on Tuesday suspended Chan’s automatic discharge from a bankruptcy order made in 2021 and ordered that he pay HK$55,000 (US$7,000) in legal fees to an accounting firm that is now in charge of his assets.
EY, formerly Ernst & Young, applied in July to extend the bankruptcy order against the 65-year-old former feng shui master, citing his “unsatisfactory and uncooperative conduct” throughout the four-year period.
The firm said Chan, who claimed to be…