Scammers use social media to lure victims of investment scams. Photo: Shutterstock
Scammers use social media to lure victims of investment scams. Photo: Shutterstock

Fraudsters swindle more than HK$132 million from victims as online investment scams in Hong Kong jump

  • Scammers posing as investment experts usually prey on targets through social media and sometimes deploy good-looking and sweet-talking con artists to lure victims
  • Amount of money the victims lost rose 268 per cent from HK$35.9 million in the first two months last year

Scammers use social media to lure victims of investment scams. Photo: Shutterstock
Scammers use social media to lure victims of investment scams. Photo: Shutterstock
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