A Hong Kong man in his 70s has lost more than HK$13 million ($1.67 million) after a self-described cryptocurrency investment expert contacted him through WhatsApp and directed him to a fake trading app.
Summary
- A Hong Kong man in his 70s lost more than HK$13 million after a supposed crypto investment expert from Singapore contacted him through WhatsApp.
- The victim bought USDT and ETH before transferring the assets to wallets specified by the scammer through a fraudulent investment app.
- The fake app displayed continuing profits, prompting the man to transfer more funds before he discovered the fraud when his withdrawal requests were rejected.
- Hong Kong police have received…
