Daily Market Updates: Hong Kong woman, 66, loses HK$2.7 million in money-laundering phone scam

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Hong Kong woman, 66, loses HK$2.7 million in money-laundering phone scam

Reported · Written up by our desk · North America

A 66-year-old Hong Kong woman was swindled out of HK$2.7 million (US$344,158) in a phone scam after a caller alleged that her bank account had been involved in money laundering. Police said the woman, who lives in Sau Mau Ping, told the force at about 5am on Saturday that she had received the call earlier this month from a suspected scammer. He claimed her bank account, the one she used to buy insurance online, had been involved in money laundering and allegedly instructed her to transfer funds...

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SCMP EconomyHong Kong woman, 66, loses HK$2.7 million in money-laundering phone scam

Global Markets

Hong Kong woman, 66, loses HK$2.7 million in money-laundering phone scam

More like this

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