South China Morning Post • 4/18/2026

A Hong Kong woman has lost nearly HK$4.9 million (US$625,800) in three months due to an online scam involving bogus “investment experts.” The victim was attracted by a social media post advertising high-return stock investments and subsequently contacted the scammers. She downloaded an app via an online messaging service and transferred about HK$4.86 million in over 40 transactions between January and April.
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