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Over 110 Online Investment Scam Cases in a Week Involving Over HKD80M; Victim Lured to Transfer Over HKD1M in 18 Transactions Over Five Days to "Expert"
Police's "Cyber Defender" social media platform announced that in the past week, police received more than 110 online investment scam cases, with total losses exceeding HKD80 milli...
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Over 110 Online Investment Scam Cases in a Week Involving Over HKD80M; Victim Lured to Transfer Over HKD1M in 18 Transactions Over Five Days to "Expert"
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Police's "Cyber Defender" social media platform announced that in the past week, police received more than 110 online investment scam cases, with total losses exceeding HKD80 million.

Recently, a 54-year-old computer technician received a cold WhatsApp message from a person claiming to be an "investment expert," who lured the victim into investing in a "guaranteed profit" fund and sent a link to a fake investment platform for account registration. The victim initially transferred HKD100,000 to a bank account designated by the fraudster.

After seeing the "fund" on the fake platform continue to rise and successfully withdrawing HKD10,000 once, the victim's confidence increased significantly. Within five days, the victim made 18 transfers to the fraudster's designated account. When attempting to withdraw funds again, the fraudster became unreachable. The victim only realized the scam after seeking help from family members, ultimately suffering losses of more than HKD1 million. (da/j)

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