Police are hunting a daring fraudster who disguised himself as a wealthy businessman and stole HK$900,000 from the victim's account using his identity card and bank card.
Officers said the man, who appeared to be South Asian, made brazen over-the-counter cash transfers at three branches of a local bank.
The victim had earlier given out his PIN numbers over the phone to a person impersonating a bank officer.
The scam was committed in October last year but revealed yesterday when police appealed for help from the public to find the trickster by releasing his picture, which was captured by a surveillance camera.
Police said the identity card and the credit card were stolen in early October but the victim did not realise it until he received the telephone call.
'The victim received a phone call from a person pretending to be from the bank, telling him his credit card was stolen,' a police officer said. 'He was asked to reveal the PIN numbers so the bank could cancel the card and issue him a new one.'
After getting the PIN numbers, the fraudster, impersonating the victim with the stolen identity card and credit card, visited branches of the bank in Tsim Sha Tsui, Mong Kok and Kowloon City to make cash transfers.