Man loses HK$740,000 after transferring the sum to a fraudulent website


25th March 2023 – (Hong Kong) Police received a report from a 42-year-old man yesterday, stating that he had received an investment information text message that led him to click a link to a fraudulent website and invest in a website production company. The victim transferred a total of HK$740,000 to a designated local bank account for investment purposes in March. However, he was unable to retrieve the funds and suspected that he had been deceived. After investigation, the law enforcement department classified the case as “obtaining property by deception” but no arrests have been made yet.