Norman Hsu Founds Newton Enterprises Limited Shortly After Fleeing US for Hong Kong
Mr. Hsu vanished just before his scheduled sentencing in 1992.
He soon began building new businesses, this time in Hong Kong.
One, a clothing company called Newton Enterprises Ltd., opened in September 1992, according to Hong Kong business records. Documents link Mr. Hsu to another Hong Kong company about that time as well. Both had vague incorporation papers that suggested they could be used for anything from financial advisory services to travel agencies to garment manufacture.