Dozens Fall For HK$4mn Scam, Including 11-year-old
"); jQuery("#212 h3").html("

"); });
2018-04-23 HKT 18:15
The police have arrested 17 people over a social media scam that netted nearly HK$4 million, after dozens of people – including an 11-year-old – were cheated by fake job offers.
Youngest among the 36 victims, the teen was lured into paying HK$120 for a one-off task of helping with a painting.
Another victim was left with a HK$600,000 liability after the fraudsters used the person's identity to take out a loan, police said.
Chief Inspector Chu Ming-lun said the fraudsters targeted those under the age of 40 by saying the jobs promised quick returns, without revealing details about the nature of the work or the background of the companies involved.
The scammers then demanded the victims pay "administrative fees" or pay for products needed for their new jobs. Once the payments were made, the scammers disappeared.
As the summer holidays are just around the corner, Chu urged students to beware of recruitment ads that say no relevant job experience is needed.
“Those victims range from 11 years old to 52. So we can see that some of the victims are really students. Although there is no evidence showing that they are being targeted by the fraudsters, we believe that those students may wish to find a summer job, or some quick way to earn an amount of money. So that’s [why] we advise them to remain cautious about this type of scam”, Chu said.
OKI And Hitachi To Launch Joint Venture For ATM And Automated Equipment In October
OKI, Hitachi, and Hitachi Channel Solutions have announced that they have reached agreements to integrate their automat... Read more
The Race For Hong Kongs First Stablecoin Licenses Is Almost Over
I’ve been refreshing the Hong Kong Monetary Authority’s register of licensed stablecoin issuers frequently over the... Read more
HTF Securities And Alchemy Pay Expand Hong Kong Type 1 License For Virtual Assets
Alchemy Pay has announced that, in partnership with HTF Securities Limited, it has successfully expanded HTF Securities... Read more
Ping An Digital Bank Rebrands As Deposits Exceed HK$12 Billion
Ping An Digital Bank has introduced a new brand identity, aligning more closely with its parent, Ping An Insurance. The... Read more
Futus PantherTrade Launches Full-Scale Licensed Operations In Hong Kong
Futu has announced that its wholly-owned virtual asset trading platform, PantherTrade, has begun full-scale licensed op... Read more
Mastercard Enables AI Agent To Complete Live Ride-Booking Payment In South Korea
Mastercard has completed a live, authenticated agentic transaction in South Korea, marking a key development in AI-powe... Read more