Ex-Deloitte IT Manager Stole 423 Laptops to Fund Stock Trading

A man named Ho Man-Kit used to work at a very big company called Deloitte in Hong Kong, where he helped take care of the office computers.

Police say he secretly took about 423 laptops from his office over 17 months and sold them to get money.

He reportedly wanted the money to buy stocks, a way adults try to make their money grow.

Sadly, the news says his stock trading ended up losing a lot of money.

The laptops were very expensive, worth more than one million Hong Kong dollars.

Ho says he is very sorry and ashamed, and he even tried to hurt himself the day before he went to the police.

He was also under stress because his wife was sad after having a baby and his father was sick with cancer.

One report says he told the court he was guilty, while another says he did not have to say how he pleaded.

A judge will decide on August 21 what should happen to him.

He could go to jail for up to seven years.