A Hong Kong jury found the lover of the late billionaire tycoon Nina Wang guilty late on Thursday of forging a will naming him the sole beneficiary of her estimated $4 billion estate.
After more than 20 hours of deliberations, the jury voted 6 to 2 in the High Court to convict Peter Chan, formerly known as Tony Chan, on a charge of forgery. Chan had pleaded not guilty to a number of charges, including forgery and using a forged document.
The proceedings had transfixed Hong Kong with revelations of adultery and bizarre rituals associated with "feng shui", a Chinese philosophy meaning "wind-water", aimed at creating harmonious surroundings and harnessing natural energies.
Wang, known as "Little Sweetie", was one of Asia's wealthiest women, with a business empire including the Chinachem Group, Hong Kong's largest private property developer. She died of cancer in 2007, aged 69.
The verdict is the latest setback for the married Chan, who in March was ordered to pay HK$340 million ($43.8 million) in tax arrears, and has been hit by the lengthy and costly legal battle for Wang's estate that he lost in 2011.