According to Hong Kong's Wen Wei Po, Hong Kong police disclosed a virtual currency fraud case involving a 66-year-old retiree who fell victim to "virtual currency investment expert" scams three times starting in September 2025. After losing 1.4 million Hong Kong dollars in the first fraud, the victim paid a 600,000 Hong Kong dollar deposit to another "expert" in an attempt to recover losses. Subsequently, the victim was induced to purchase virtual currency worth 4.6 million Hong Kong dollars and transfer it to a designated account. The scammers disappeared after receiving the funds. The victim accumulated losses totaling 6.6 million Hong Kong dollars within six months before seeking police assistance. Police remind the public not to trust "guaranteed profit" investments and so-called "recovery of losses" services to prevent falling victim to serial fraud schemes.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin