- Hong Kong Cryptocurrency Fraud: Accountant Loses HK$1 Million in Retailer Fraud.
- A scammer tips an accountant into transferring HK$1 million in digital cash.
- Hong Kong authorities are looking down these cryptocurrency scammers.
Hong Kong authorities are pursuing a gaggle of fraudsters concerned in a cryptocurrency rip-off that has value an accountant HK$1 million (US$127,750).
The incident occurred at a retailer within the basement of the Chevalier Home on Chatham South Highway in Tsim Sha Tsui. Investigators at the moment are investigating whether or not the scammers arrange the shop particularly concentrating on a 29-year-old lady.
In accordance with a trusted supply acquainted with the case, accountants discovered an Instagram publish selling digital coin buying and selling at favorable trade charges.
The publish contained contact data, which the sufferer used to contact the scammer. Posing as a retailer worker, the scammer contacted the accountant and organized a gathering on the retailer on Sunday night time to facilitate the transaction.
In the course of the assembly, the scammer pretended to be a workers member and offered a bundle of HK$1,000 banknotes to the counter to finish the transaction. To obtain her promised HK$1 million, the sufferer adopted the directions and transferred 128,040 Tether tokens to a chosen e-wallet account. However that every one modified when an “worker” requested the sufferer to attend outdoors the shop for some time, saying, “I wish to go to the toilet.”
At this level, the sufferer realized that she had been the sufferer of a fraud. The scammer by no means returned and makes an attempt to contact him have been fruitless. Realizing the seriousness of the state of affairs, the sufferer instantly contacted police and reported the incident round 10pm on Sunday.
Hong Kong police at the moment are actively working to arrest the perpetrators of this cryptocurrency rip-off. An investigation is underway to find out the extent of the Syndicate’s actions and produce them to justice.