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Hong Kong police say romance scam used a fake crypto app to steal $3.3M

Reported · Written up by our desk · Regulation

Hong Kong police say an insurance agent was targeted by a romance scam that directed the victim to a fake crypto investment app.

According to The Block, the probe found the victim lost more than $3.3 million after being lured into the scheme.

Police characterized the incident as a romance scam that involved counterfeit crypto investment activity through the fraudulent application, resulting in the substantial financial loss.

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Sources

The BlockHong Kong police flag $3.3 million romance scam involving fake crypto app

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