fraud syndicate – Charm

Hong Kong police arrest 11 for allegedly conducting fraud scheme for early MPF withdrawals

Cs news5 months ago02 mins

Hong Kong police have arrested 11 people from a fraud syndicate that allegedly helped more than 800 residents withdraw HK$145 million (US$18.7 million) from their Mandatory Provident Fund (MPF) savings prematurely using fake documents. The force said on Friday that the racket operated in the Tsim Sha Tsui office of a financial consultancy firm as…

Hong Kong fraudsters use deepfake tech to swindle love-struck men out of HK$360 million

Cs news5 months ago02 mins

Hong Kong police have for the first time smashed a local fraud syndicate that used deepfake technology to swap the faces of the swindlers with those of attractive women in video calls to cheat love-struck men in the region, including Singapore, out of HK$360 million (U$46 million). The force said on Monday it had arrested…