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A woman in Hong Kong fell victim to a "cryptocurrency investment expert" online romance scam, losing over 2 million Hong Kong dollars.

3 hours ago

Hong Kong police announced on April 13 that a romance scam resulting in losses exceeding HK$2 million was reported in the past week, per the Cyber Security and Technology Crime Bureau’s platform. The scammer first followed a woman in her 50s on Instagram, started chatting via post comments, and quickly built a romantic relationship. They then posed as a “cryptocurrency investment expert” and used “risk-free investment” claims as bait. The victim was initially asked to transfer HK$40,000 as an “account opening fee.” The scammer later lured her to a physical currency exchange shop seven times to swap cash for USDT, which she sent to the scammer’s account via an e-wallet. After receiving the funds, the scammer disappeared and cut all contact. Police warn the public to stay vigilant when making online connections. If someone claims to be an investment expert and requests any transfer, pause and think carefully immediately.
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