HK Online Romance Scams Hit 25 Cases in One Week, Losses Near HK$70M

Hong Kong police recorded 25 romance fraud cases in a single week with total losses nearing HK$70 million. A prominent case involves a woman losing over HK$26 million to crypto scams.

Woofun AI reports that Hong Kong law enforcement authorities documented 25 investment fraud cases linked to online romance between July 24 and 30, resulting in total losses approaching HK$70 million. In a significant incident, a female insurance practitioner in her 50s was deceived by an online contact posing as a "car dealer" into investing in cryptocurrency. The victim discovered the platform reported account returns exceeding 800% but denied withdrawal requests, leading to cumulative losses surpassing HK$26 million after the perpetrators vanished. Police advise investors to remain vigilant against individuals who establish relationships via social platforms before recommending high-return cryptocurrency investments or unfamiliar transaction channels.