60-Year-Old Hong Kong Woman Falls Victim to Cryptocurrency Investment Scam, Losing Approximately HK$21.5 Million

Odaily News: A 60-year-old woman in Hong Kong reported that she had earlier met a fraudster claiming to be an investment expert on an online platform, and was subsequently induced to invest in cryptocurrency on a fraudulent website.

Between April 14 and September 22, the woman made multiple transfers totaling approximately HK$21.5 million to designated investment accounts. The platform later demanded that she pay a deposit to prove that the investment account was not being used for money laundering.

Police initially classified the case as obtaining property by deception, and it is being followed up by the Fourth Team of the Criminal Investigation Unit of the Sau Mau Ping Police District. No arrests have been made so far. (HK01 NFT)