The Securities and Futures Commission said scammers were usually successful because they prayed on people’s greed. Photo: Shutterstock The Securities and Futures Commission said scammers were usually successful because they prayed on people’s greed. Photo: Shutterstock
The Securities and Futures Commission said scammers were usually successful because they prayed on people’s greed. Photo: Shutterstock

Hong Kong get-rich-quick scam investors watch in horror as stock price spikes, crashes in hours

  • Fraudsters use WhatsApp to target victims in ‘pump and dump’ manipulation of stock price
  • Victim who lost $1.2 million says she was befriended by ‘caring woman’ who led her into scam

Topic |   Scams and swindles
The Securities and Futures Commission said scammers were usually successful because they prayed on people’s greed. Photo: Shutterstock The Securities and Futures Commission said scammers were usually successful because they prayed on people’s greed. Photo: Shutterstock
The Securities and Futures Commission said scammers were usually successful because they prayed on people’s greed. Photo: Shutterstock
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