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Gym Founder Faces 17 Charges Amid $74M Debt Crisis

8/27/2025

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Summary

Story summary

Luk Ngai-keung, founder of Physical Fitness, faces 17 charges related to HK$320,000 in payment claims after the gym's closure in September 2024.
The company has outstanding debts of over HK$74 million in salaries and HK$3 million in pensions.
Luk has been granted bail and is required to report to police monthly, with a court date set for October 13, 2025.
The Wan Chai branch has been rebranded as Healthy following the closure.

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Story summary

Luk Ngai-keung, founder of Physical Fitness, faces 17 charges related to HK$320,000 in payment claims after the gym's closure in September 2024.
The company has outstanding debts of over HK$74 million in salaries and HK$3 million in pensions.
Luk has been granted bail and is required to report to police monthly, with a court date set for October 13, 2025.
The Wan Chai branch has been rebranded as Healthy following the closure.