Two directors of Hong Kong gym chain Physical have been arrested on suspicion of unfair trade practices, sources have said.
The Post learned that Luk Ngai-keung was taken into custody after surrendering to customs, while his wife, Ho Yuk-wah, was apprehended police and customs officers raided her home on Wednesday morning.
Customs and police officers have launched a citywide manhunt for other people involved in the case.
The city’s consumer watchdog revealed that the biggest case involved a contract which would only take effect in 2037, with payments for more than 1,900 classes amounting to HK$1.86 million (US$238,549).
Luk, accompanied by his lawyer, surrendered himself at the customs headquarters in North Point on Tuesday afternoon, according to the source.
