Hong Kong Law Society shuts firm over ‘crash-for-cash’ scams
Hong Kong’s Law Society has ordered the immediate closure of a law firm linked to a series of “crash-for-cash” scams. The council announced on Wednesday that it would intervene in the practice of Raymond Lam & Associates, which will stop operations at once.
“Crash-for-cash” refers to staged car accidents used to commit insurance fraud. The firm is under investigation for its alleged role in such schemes.
The council appointed another local firm, Robertsons, as the intervention agent to handle matters related to the closure. In a statement, the society said it found evidence of misconduct. No further details were provided.