Cryptocurrency

Coin

<ul class="news-points"> 
 <li>Cryptocurrency scam in Hong Kong: accountant loses HK$1 million in shop fraud.</li> 
 <li>Fraudsters trick accountant into transferring HK$1 million in digital coins.</li> 
 <li>HK authorities are hunting for these cryptocurrency scammers.</li> 
</ul> 
Hong Kong authorities are pursuing a group of fraudsters involved in a <a href="https://coinedition.com/tag/crypto-scam/">cryptocurrency scam</a> that resulted in an accountant losing HK$1 million (US$127,750). 
The incident occurred at a shop located in the basement of Chevalier House on Chatham Road South in Tsim Sha Tsui. Detectives are currently investigating whether the fraud syndicate specifically established the shop to target the 29-year-old woman. 
According to a reliable source familiar with the case, the accountant came across an Instagram post promoting digital coin trading at a favorable exchange rate. 
The post provided contact information, which the victim used to get in touch with the fraudster. Posing as an employee of the shop, the scammer engaged in communication with the accountant and arranged a meeting at the shop to facilitate the transaction on Sunday evening. 
The imposter presented a stack of HK$1,000 banknotes on the counter during the meeting while posing as a staff …
The post <a rel="nofollow" href="https://coinedition.com/hong-kong-authorities-pursue-scammers-in-hk1m-crypto-heist/">Hong Kong Authorities Pursue Scammers in HK$1M Crypto Heist</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Hong Kong Authorities Pursue Scammers in HK$1M Crypto Heist

Coin Edition

Other articles published on Jul 10, 2023

Voyager Crypto Trading Platform Resilient $250 Million Outflow with $176 Million in Assets

Which Crypto Are Analysts Picking In 2023 – PancakeSwap, Lido Dao, or Tradecurve?

XRP social dominance spikes, hinting on potential price recovery

Arkham launches on-chain crypto data and blockchain intelligence marketplace, receives mixed reac...

The price of Bitcoin has hit a one-year high. What’s next?

Bitcoin price prediction: BTC can reach $40k as DigiToads demand rises to an all-time high

Join our free newsletter for daily crypto updates!