Police's "CyberDefender" social media platform announced that nearly 100 online investment fraud cases were reported in the past week. In one case, a woman met a so-called "expert" through a second-hand furniture group and was lured into investing in USDT via a fake website. Following the fraudster's instructions, the victim transferred funds more than 60 times, sending money and cryptocurrency to the other party as investment principal. When the other party refused to allow withdrawals, the victim realized she had been scammed, with total losses amounting to HKD5.2 million.Police reminded the public to verify the credibility of investment platforms before making any online investments. (da/j)
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