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Scam cases fall for first time since 2019 in Hong Kong, annual figures show

    Scam cases fall for first time since 2019 in Hong Kong, annual figures show

    3 hours ago02 mins

    Scam cases in Hong Kong fell by 2.9 per cent last year over the figure for 2024 after rising annually since 2019, while overall recorded crimes decreased by 5.9 per cent, according to police. In revealing the annual figures on Tuesday, Commissioner of Police Joe Chow Yat-ming also told lawmakers that fewer traditional street crimes…

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    Hong Kong regulator, banks go back and forth on who pays scam-loss claims
    • Hong Kong News

    Hong Kong regulator, banks go back and forth on who pays scam-loss claims

    Cs news5 months ago02 mins

    Hong Kong’s de facto central bank reached out to retail banks on Friday for input on how lenders and their customers should share responsibility for losses when the customers fall victim to scams, as such cases continue to rise in the city. As part of an industry consultation process, the Hong Kong Monetary Authority (HKMA)…

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