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Hong Kong Woman Scammed of HK$4.9 Million in Investment Fraud

4/18/2026

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Story summary
  • A Hong Kong woman lost about HK$4.9 million (US$625,800) in an online scam tied to fake investment experts.
  • She transferred funds to 20 bank accounts over three months after being lured by a social media post.
  • She reported the case to police on April 15.
  • The investigation is ongoing.
  • In 2025, Hong Kong recorded 43,212 crimes, with nearly half being deception cases, and police warn about fake government letters with QR codes, urging verification with authorities.