Police have stepped up their warning over internet fraud after the discovery of a second bogus financial services website in one week. Yesterday's discovery of the imitation Schroder Investment Management (Hong Kong) Limited website came just days after the closure of a fake HSBC financial services website by police and the Monetary Authority. The Chinese-language website at www.baoyuans.com claimed to be the official site of Schroders, whose trading name is pronounced 'Bao Yuan' in Cantonese. One case of suspected fraud has so far been linked to the site, while no losses were connected to the fake HSBC site. The Schroders site contained the firm's correct address and telephone numbers, but the company denied any connection to it. The address of the firm's real website is www.schroders.com.hk . The company has warned that it is considering whether to take legal action. The Commercial Crime Bureau is investigating the case, and a spokesperson said last night it had not received any confirmed cases of fraud or losses related to the site. The site was still largely operational last night, but the sections which asked users to provide personal information were not functioning. It contained information and logos similar to those found on the legitimate site, but its overall design is different. The fake HKBC website - www.hkhsbc.com - discovered last week was more elaborate and had a similar address to the legitimate site, which is found at www.hsbc.com.hk . Police are still investigating this case and had not received any reports of fraud or losses connected to the site. It is believed to have been hosted overseas, most likely in the United States.