A man in China was told by his fiancée that he needed to burn the “marriage bed” of her and her ex-husband so that they could get married, but it turned out to be a scam. The man from northern China’s Tianjin municipality, surnamed Wang, met his girlfriend surnamed Li on an online dating platform….
Hong Kong police were called to a cryptocurrency exchange store in Mong Kok on Saturday after a woman said she had been scammed out of about HK$93,000 (US$11,970) worth of virtual currency by a man she met online. A source said the 26-year-old woman had met a man on social media who claimed he could…
Hong Kong police were called to a cryptocurrency exchange store in Mong Kok on Saturday after a woman said she had been scammed out of about HK$93,000 (US$11,970) worth of virtual currency by a man she met online. A source said the 26-year-old woman had met a man on social media who claimed he could…
Hong Kong police have arrested three people on suspicion of deceiving a man over cryptocurrency trades involving at least HK$1 million (US$128,690). The force said it received a report on Thursday from a 46-year-old man, who said he had traded Tether coins four times involving a total of HK$1.4 million with a person he knew…
Nearly 60 Hongkongers, including four women, were victims of extortion in which they were tricked into undressing during video chats and then coerced into paying more than HK$1.9 million (US$244,430) over the past week. The force revealed the figures on its CyberDefender Facebook page on Friday, reminding residents to be cautious when meeting people on…
Authorities in Hong Kong arrested more than two dozen members of an alleged scam ring that targeted men from Taiwan, Singapore, and as far as India, they announced Monday, according to CNN Hong Kong. With the use of deepfake AI, the scammers defrauded victims of over $46 million. “Deepfakes” are artificially manipulated audiovisual material,…
Banks in Hong Kong are doing a better job than expected at taking full responsibility and reimbursing lost funds after fraud events related to online banking or financial apps, according to a survey by financial technology company FIS. Some 53 per cent of the respondents said their banks assumed full responsibility and reimbursed all the…
Hong Kong police have arrested 14 people in a crackdown on a cross-border syndicate that allegedly laundered more than HK$230 million (US$29.5 million) from bank accounts linked to dozens of job and investment scams, with victims losing more than HK$18 million. Chief Inspector Lo Yuen-shan of the commercial crime bureau said on Friday that members…