23rd September 2023 – (Hong Kong) The storm surrounding the unlicensed operation of JPEx shows no signs of abating. As of this afternoon (23rd), a staggering 2,305 victims have come forward to report their losses, amounting to approximately HK$1.43 billion. Law enforcement agencies confirm that 11 individuals have been arrested thus far, with investigations ongoing and the possibility of further arrests.
The JPEx scandal continues to send shockwaves through the financial landscape, as more and more victims step forward to disclose their harrowing experiences. The unlicensed investment platform, which promised lucrative returns and financial security, has left countless individuals devastated and facing substantial financial losses.