Eight Men Arrested Over Phishing Scams
"); jQuery("#212 h3").html("

"); });
2022-11-10 HKT 13:32
Police on Thursday said they have arrested eight men on suspicion of swindling people out of over HK$2.7 million by extracting their credit card details with phishing messages.
At a press conference, officers said in the past three months, the alleged syndicate had cloned text messages from courier companies, and requested victims to pay for purported “failed delivery” charges with their credit cards online.
Officers said they believe 183 people were scammed as a result, with their credit cards being used to pay for mobile phones, gift vouchers and other things for resale.
Superintendent Wilson Tam also noted that fraudsters had for the first time been found to use illegally acquired personal information to register for SIM cards in Hong Kong to send out the text messages.
"In the past month alone, the syndicate had used more than 300 SIM cards to send over one million phishing messages," said Tam.
The eight suspects, aged between 17 and 44, were arrested in a three-day operation that ended on Wednesday.
Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity
Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more
BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom
BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more
Webinar: When Account Takeover Moves Past Onboarding
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more
JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson
JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more
Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term
The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more
Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal
Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more
