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Five Arrested in HK$1.8M MPF Scam; eKYC Suspended

12/19/2025

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Summary

Story summary

Five men were arrested for impersonating MPF account holders to withdraw HK$1.8 million.
The Mandatory Provident Fund Schemes Authority suspended electronic Know Your Customer (eKYC) verification due to the scam.
Chief Inspector Lee Chun-man of the Hong Kong Police said the scam was uncovered after identity theft was discovered during eMPF account opening.
Twelve victims have been identified, with three losses totaling HK$1.8 million.

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Story summary

Five men were arrested for impersonating MPF account holders to withdraw HK$1.8 million.
The Mandatory Provident Fund Schemes Authority suspended electronic Know Your Customer (eKYC) verification due to the scam.
Chief Inspector Lee Chun-man of the Hong Kong Police said the scam was uncovered after identity theft was discovered during eMPF account opening.
Twelve victims have been identified, with three losses totaling HK$1.8 million.