Hong Kong police cracked a virtual currency investment fraud case involving HK$72 million

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PANews
03-22
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PANews reported on March 22 that according to Hong Kong Commercial News, the Hong Kong Police launched the "World Elite" operation in the Yau Tsim District from March 10 to 19, targeting fraud and money laundering. They cracked 45 cases, arrested 54 people, with losses amounting to 194 million Hong Kong dollars. The highest-loss online investment virtual currency fraud case involved 72 million Hong Kong dollars, with foreign nationals as victims who were lured into investing in virtual currency and transferring money to specified bank accounts. After investigation, the police arrested two suspects (aged 30 and 34).

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