Hong Kong police have charged another 10 people in connection with the HK$1.6 billion (US$205.8 million) JPEX cryptocurrency scandal – the city’s largest alleged financial fraud in recent years. Four men and six women were charged on Thursday after investigations identified abnormal transactions in suspicious accounts linked to the case, police said. The suspects, aged…
A law firm has asked a Hong Kong court to bar police from inspecting privileged documents seized during a raid earlier this month as part of an ongoing investigation into the rising number of “crash-for-cash” scams. In a written application for judicial review on Monday, Raymond Lam & Associates asked the High Court to issue…
Police have arrested two doctors and a married couple for allegedly masterminding more than 20 “crash-for-cash” scams, with officers investigating over 100 suspicious cases in a fraud epidemic that has become the talk of Hong Kong. Police said on Wednesday that the three men and a woman were detained on suspicion of conspiracy to defraud….
Hong Kong police and insurers have warned motorists to be alert to road scammers seeking unusually high and belated compensation claims stemming from minor or non‑existent traffic accidents, with officers reviewing 30 such cases. Superintendent Charles Fung Pui‑kei of the commercial crime bureau warned on Tuesday that the police force had recently received reports of…
Hong Kong recorded a 20 per cent increase in online investment scams in the first 10 months of the year, with victims losing HK$3.08 billion (US$395.9 million), according to police. Theodora Lee Wai-see, a superintendent with the force’s Anti-Deception Coordination Centre, also revealed that 83 per cent of all fraudulent messages were disseminated through Meta-owned…
Hong Kong and Macau police have cracked down on a cross-border phone scam syndicate that defrauded victims of HK$22 million (US$2.8 million) across 168 cases. The operation resulted in the arrests of three men and four women in Macau, aged between 27 and 48, who were suspected to be involved in about 160 telephone scams,…
Hong Kong police have arrested eight people for allegedly making unauthorised stock transactions, manipulating the market and using phishing scams to swindle about HK$46 million (US$5.8 million) out of more than 130 victims based locally and overseas. Senior Superintendent Fanny Kung Hing-fun of the force’s commercial crime bureau said police had arrested seven men and…
Hong Kong police have dismantled a cross-border syndicate that allegedly laundered HK$118 million (US$15 million) through stooge bank accounts, arresting 12 people as officials seek tougher sentencing for those renting or selling their personal details. The force said on Saturday that it had arrested nine men and three women aged between 20 and 40 across…
Hong Kong police have dismantled a cross-border syndicate that laundered HK$118 million (US$15 million) through stooge bank accounts, arresting 12 people as officials seek tougher sentencing for those renting or selling their personal bank details. In an operation conducted by the commercial crime bureau, police arrested nine men and three women aged between 20 and…