He called himself the “god of gamblers” and claimed he could teach “sure-win” baccarat techniques.
But instead of winning, the students he taught lost at the gaming tables.
More than 40 people who believed Mr Ye Hong Quan paid him close to $15,000 each in workshop fees.
They have since filed police reports accusing Mr Ye of cheating them, reported Lianhe Wanbao.
The 64-year-old Mr Ye told Lianhe Wanbao that he was aware a number of former students had filed police reports against him.
He added that he has gone to the Criminal Investigation Department to "clarify matters and also to the Small Claims Tribunal, but so far nothing’s happened".
Read the full story in The New Paper on Wednesday (March 14).