New Delhi, Aug. 11 -- A former information technology (IT) manager at Deloitte was remanded in custody in Hong Kong after stealing around 423 laptops from the company's office over 17 months to fund his stock-trading addiction.

According to the South China Morning Post (SCMP), Ho Man-Kit, 40, pleaded guilty at Hong Kong's District Court to stealing Lenovo computers worth approximately HK$1.2 million ( Rs.1.46 crore) between September 2021 and February 2023.

The former employee was accused of stealing laptops belonging to professional services firm Deloitte and selling them to fund his personal stock market investments. Prosecutors told the court that the thefts took place while he was working in the company's IT department.

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