The Monetary Authority ordered e-wallet operators to suspend certain transactions. Photo: Edmond So

Hong Kong Monetary Authority expects to uncover more cases of fraud as e-wallet losses double to HK$400,000

  • HKMA deputy chief executive Howard Lee reveals increase, and says group was still gathering more information
  • Authority says more than 10 cases of missing funds have been discovered so far
Topic |   Hong Kong Monetary Authority (HKMA)

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The Monetary Authority ordered e-wallet operators to suspend certain transactions. Photo: Edmond So
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