A 75-year-old man was allegedly deceived by a self-proclaimed crypto expert, prompting an investigation by the Wan Chai Police District’s Crime Squad.
Hong Kong police are investigating a fraud case where a 75-year-old man was allegedly deceived into transferring HK$26.2 million in Ethereum to six different accounts between July 11 and September 9. The investigation is ongoing, and the case is classified as obtaining property by deception. No arrests have been made so far.