Brooklyn District Attorney Eric Gonzalez has announced the indictment of Wing Fung Chau, who is accused of first-degree grand larceny and falsifying business records in a scheme to sell a significant real estate asset without the knowledge or consent of fellow shareholders. Chau allegedly created false documents to fraudulently sell the company's interest in a valuable property located at 6208 8th Avenue, potentially stealing around $7 million. He was held on bail and is scheduled to return to court in 2025, with Gonzalez emphasizing the commitment to safeguard property owners from such fraudulent activities.
Brooklyn DA Eric Gonzalez announced that Wing Fung Chau has been indicted on multiple charges, including grand larceny, for allegedly cheating fellow shareholders out of $7 million.
Chau allegedly forged documents to sell a property owned by 37-19 Realty Inc., deceiving fellow shareholders in a scheme to illicitly gain income from a lucrative real estate transaction.
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