Man Arrested Over 'million-dollar Face Mask Scam'

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

Related News Programmes

"); });

2020-03-25 HKT 15:21

Share this story

facebook

  • Face masks have become a must-have item in Hong Kong due to the Covid-19 pandemic. Photo: AP

    Face masks have become a must-have item in Hong Kong due to the Covid-19 pandemic. Photo: AP

Police said on Wednesday that they had arrested a 40-year-old man suspected of cheating more than a hundred people in a face mask scam that netted almost HK$1 million.

Officers said averts on social media offered masks from Japan at prices below market rates, now such products have become scarce due to the coronavirus pandemic.

Boxes of 50 masks were available for HK$55, the Facebook advert claimed.

But police said that once customers completed bank transfers for bulk orders, the "seller" took the money and disappeared.

The force said 103 people fell for the scam, handing over HK$950,000 between them. One victim alone lost HK$186,000, officers said.

They added that they believe more than one person was involved in the fraud and further arrests could be made.

RECENT NEWS

Adyen And JCB Launch Card-on-File Tokenisation To Boost Payment Security

Adyen and JCB Co., Ltd. have launched JCB’s card-on-file (COF) tokenisation service, designed to improve the securit... Read more

Hong Kongs Cashless Future Is Closer Than You Think

A recent Worldpay report indicated that the digital wallets Hong Kong has could dominate its payment landscape by 2030.... Read more

HKMA Green Fintech Competition Open For Submissions

The Hong Kong Monetary Authority (HKMA) announced the launch of the 2025 Green Fintech Competition on 9 May 2025. It is... Read more

HSBC Launches Refreshed Hong Kong App With Smarter, Personalised Features

HSBC Hong Kong announced the launch of it refreshed HSBC HK App on 7 May 2025, set to roll out by phases beginning mid-... Read more

Chubb Life Hong Kong Launches Health Up Insurance For The Tech-Savvy

Chubb Life Hong Kong introduced the Health Up Insurance Plan (Health Up) on 7 May 2025. The Chubb Health Up Insurance d... Read more

Ant International Eyes Hong Kong IPO, In Talks With Regulators

Ant Group, a subsidiary of China’s Alibaba Group, is reportedly planning to list its overseas branch, Ant Internation... Read more