Jobseekers Lose HK$4mn To Scams In Four Months

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2019-05-22 HKT 18:42

Share this story

facebook

  • Jobseekers lose HK$4mn to scams in four months

Conmen have continued to strike it rich in Hong Kong, scamming HK$4 million out of 54 jobseekers in the first four months of this year.

In the worst case, a 26-year-old applicant paid HK$910,000 as an advance, for what was described as a "high return" position in the cosmetics sector, police said.

A senior inspector of the Commercial Crime Bureau, Hui Chung-hang, said in some cases, victims were asked to take out loans from financial companies.

The fraudsters enticed the victims, saying the higher the amount paid the better the jobs would be. But once the money was paid, they disappeared, Hui said.

He also said that young adults or those with little work experience are most likely to fall for such tricks and warned those entering the job market to be wary of such offers.

RECENT NEWS

Is Hong Kongs Default Life Insurance Choice A Wealth Drain?

Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more

RedotPay Secures $107M Series B, Total Funding Hits $194M

RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more

91% Of Hong Kong Merchants Lose Revenue To Payment Friction

Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more

Do Kwon Faces Possible Trial In Korea After US Conviction

Do Kwon, the crypto tycoon behind the 2022 collapse of TerraUSD and Luna, caused an estimated US$40 billion in investor... Read more

Startale, SBI Holdings To Develop Japans Regulated Yen Stablecoin

Startale Group and SBI Holdings have signed a MoU to jointly develop and launch a fully regulated Japanese yen-denomina... Read more

KakaoBank Expands In Indonesia Through Superbank Partnership

KakaoBank, South Korea’s largest internet-only bank, is accelerating its global expansion through a deepened partners... Read more