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Hong Kong police arrest 5 over stealing HK$1.8 million from eMPF account holders

    Hong Kong police arrest 5 over stealing HK$1.8 million from eMPF account holders

    8 months ago02 mins

    Hong Kong police have arrested five men on suspicion of posing as Mandatory Provident Fund (MPF) account holders to withdraw HK$1.8 million (US$231,300) from the city’s new online pension fund platform. The scam also prompted the Mandatory Provident Fund Schemes Authority, which manages the pension scheme, to immediately suspend its paperless verification process, known as…

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