Hong Kong woman reports HK$21.5 million transferred in fake cryptocurrency investment scam

  • A Hong Kong woman reported being deceived through a fake cryptocurrency investment website.
  • HK$21.5 million was transferred through multiple payments between April 14 and Sept. 22.
  • Police classified the case as obtaining property by deception; no arrests had been made.

A 60-year-old Hong Kong woman reported being deceived into investing in cryptocurrency through a fake website after meeting someone online who claimed to be an investment expert. She transferred about HK$21.5 million in multiple payments to designated investment accounts between April 14 and Sept. 22. The platform repeatedly demanded a security deposit to prove that her account had not been used for money laundering. She reported the suspected fraud to police on Oct. 3. Officers classified the case as obtaining property by deception and assigned it to the fourth team of the Sau Mau Ping district criminal investigation unit. No arrests had been made. Police said the offense carries a maximum sentence of 14 years in prison upon conviction.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.