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US lawyer nabbed in Hong Kong over embezzling $2.5 million

Sin Chew Jit Poh 09/25/2011 01:10
US lawyer nabbed in Hong Kong over embezzling $2.5 million - USA - Hong Kong - crime


A lawyer who fled the United States after allegedly embezzling $2.5 million from a client faces extradition after being arrested in Hong Kong, legal officials said Friday.



The city's department of justice said Douglas Arntsen of US law firm Crowell & Moring was arrested on Monday following a request by the US government.

"He appeared in (court) the next day and has been remanded in custody until next Tuesday when surrender proceedings will continue," a department spokeswoman told AFP.

Arntsen is suspected of embezzling about $2.5 million in funds deposited into a third-party account by Regal Real Estate, a property firm in the US, according to media reports.


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