Hong Kong police say a 66-year-old retiree was repeatedly deceived by purported crypto investment experts and transferred HK$6.6 million before reporting the fraud.
Hong Kong police disclosed a virtual currency fraud case involving a 66-year-old retiree who lost HK$6.6 million after being repeatedly misled by supposed cryptocurrency investment experts. According to the police disclosure, the victim made multiple transfers, including HK$1.4 million, HK$600,000, and HK$4.6 million, before reporting the case. The case highlights continued risks tied to fraudulent crypto investment schemes targeting individuals with promises of expert guidance.