Overview
- Police said a 66-year-old reported three linked frauds from September 2025 to January 2026, with total losses of HK$6.6 million.
- The first scam began with an unsolicited WhatsApp approach from a supposed cryptocurrency expert, resulting in a HK$1.4 million transfer.
- Seeking to recoup losses, the victim paid a 600,000 yuan deposit to a purported recovery specialist who then disappeared.
- A third fraudster instructed a large cryptocurrency purchase and transfer to a designated account before cutting contact.
- Authorities urge the public not to transfer money or crypto to strangers and to distrust any guaranteed-return or recovery claims, while the FBI separately warns of fake Tron tokens impersonating the agency.