An e-commerce industry leader has suggested that Hong Kong should consider allowing a popular quick payment operator to arbitrate online transactions amid the rising trend of internet shopping scams, while also urging buyers not to use bank accounts for purchases. The statement comes after police earlier revealed that the amount of money lost by Hongkongers…
The Hong Kong Monetary Authority (HKMA) will announce on Monday new measures to be implemented by banks to safeguard the public from financial fraud, stepping up its vigilance to prevent scams that caused losses of HK$9.15 billion (US$1.2 billion) last year. Called “E-Banking Security ABC”, the “ABC” refers to tightening “authorisation” methods for transactions, saying…
Wednesday, 9 April 2025, 15:38 A warning has been issued to Spaniards and other EU citizens travelling to the United Kingdom since the launch of the Electronic Travel Authorisation (ETA) system on 2 April. Spanish and European Union citizens of all ages who wish to enter the UK now must have an ETA, which costs…
Hong Kong authorities have told residents not to be fooled by an online video made with artificial intelligence (AI) that falsely shows city leader John Lee Ka-chiu endorsing a high-return investment scheme. A government spokesman on Wednesday warned the public about the bogus video circulating online that claimed the chief executive was urging residents “to…
More than 70 per cent of executives in Hong Kong expect an increase in financial crime in 2025, while only 18 per cent believe their organisation’s compliance programme is “very effective”, according a report from Kroll, a financial and risk advisory firm. The report, released Monday, surveyed more than 600 respondents worldwide between September and…
Hong Kong police have smashed a fraud syndicate and arrested six suspects who allegedly cheated at least 12 victims out of about HK$520,000 (US$66,667) in a series of phone scams since last November. Officers on Sunday also urged schools to be on their guard against phone fraudsters after syndicate members were found in some cases…
The Hong Kong Monetary Authority (HKMA) has teamed up with banks and the police to launch a new public awareness campaign to combat rising scams that have defrauded the city’s residents to the tune of billions of dollars. The HKMA on Wednesday released the first video in the series titled “Click the Links, Fall for…
The Hong Kong Monetary Authority (HKMA) has teamed up with banks and the police to launch a new public awareness campaign to combat rising scams that have defrauded the city’s residents to the tune of billions of dollars. The HKMA on Wednesday released the first video in the series titled “Click the Links, Fall for…
CHATTANOOGA, Tenn. — In 2023, Tennesseans over the age of 60 lost a collective of $43 million due to scams, according to a Federal Trade Commission report. The reports say this is an 18% increase from the previous year. The origin of a lot of these scams? Dating apps. Now, Tennessee lawmakers are looking to…
The last of the six Hongkongers rescued from a scam farm in Myanmar this week has returned to the city, with the Security Bureau pledging to save the three remaining residents on its case list as soon as possible. Authorities said the sixth member of the group arrived home on Saturday morning. The person had…