Investment scams targeting Hong Kong’s elderly rose by 17 per cent in the first quarter of 2026 against a year ago, despite an overall decline in the number of cases, with police warning that better-educated retirees with more investment experience were more vulnerable to fraudsters. Superintendent Theodora Lee Wai-see of the force’s commercial crime bureau…
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…
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)…