A 60-year-old woman in Hong Kong fell victim to a cryptocurrency investment scam, losing approximately 21.5 million Hong Kong dollars

A 60-year-old woman in Hong Kong reported that she was defrauded by a scammer who claimed to be an investment expert that she met on an online platform, and was later induced to invest in cryptocurrency on a fake website. Between April 14 and September 22, the woman transferred a total of approximately 21.5 million Hong Kong dollars to a designated investment account multiple times.

The platform then required her to pay a margin to prove that the investment account was not used for money laundering. The police have initially classified the case as obtaining property by deception, and the fourth team of the criminal investigation unit of the Sau Mau Ping Police District is following up on the case, with no arrests made yet.