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A 46-year-old housewife in Hong Kong has reported losses of 7.1 million Hong Kong dollars after investing in a fraudulent crypto investment platform.by the South China Morning Post, people familiar with the matter revealed that the woman did not realize she had been scammed until a year after the incident when she discussed the investment with her family.
Together with another scammer, who impersonated a customer service representative from the purported trading platform, the suspects tricked the woman into transferring over $900,000 into 15 bank accounts for crypto investments from August 19, 2022, to March 4, 2023. During this time, she received no profits on her investments.
Unidentified sources said she became suspicious of the scheme when she could not withdraw her assets or contact the fraudsters, including the fake customer service representative. After she figured the crypto investment was a scam, the housewife reported it to the local police force earlier this week, and investigations are ongoing. Detectives from the Western District, Hong Kong, discovered that the name of the fraudulent crypto trading platform was linked to similar scam reports through Scameter.
This platform allows the public to check for suspicious or fraudulent web/IP addresses, emails, platform usernames, bank accounts, and mobile phone numbers. When asked why she did not do her due diligence on the trading platform through Scameter, the victim said she was not familiar with the search engine.Although no arrests have been made, the police have classified the case as “obtaining property by deception,” which is punishable by up to ten years imprisonment.
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