A south-east London businessman has been convicted of money laundering by a district court in Hong Kong.
He Jia-Jin was a prominent leader in the Chinese community
He Jia-Jin, a former vice-president of the London Chinatown Chinese Association, was found guilty of three counts of laundering.
The court heard He, from Orpington, received the equivalent of £629,000 from a mistaken bank transfer and then laundered the money.
The judge imposed a fine on He of £250,000.
In December 2001 He transferred £91,000 from his company Futsing Finance Limited to a remittance agent in Hong Kong.
Due to a mistake by the bank the agent received £629,000, the court heard.
He then flew to Hong Kong and instructed the money to be transferred through a series of accounts, well aware of the fact that the money did not belong to him.
He was a prominent community leader in the Chinese community in London and has been involved in organising the Chinese New Year celebrations in the city.
He was recently the subject of a BBC South East investigation which found a house owned by him in London was over-crowded with more than 18 migrants some who had questionable immigration status.