Hong Kong merchants were cheated of buying virtual currency over 100 million yuan. Nearly 500 cryptocurrency scams occurred in the first half of the year-Hong Kong unwire.hk

In recent years, the trading and buying and selling of cryptocurrency has been extremely popular with investors. At the same time, fraudsters have also seized the opportunity, hoping to make a fortune in this craze. Recently, there was a scam involving cryptocurrency trading in Hong Kong. The loss amounted to more than 100 million yuan, making it the biggest loss in the first half of the year.

According to a Hong Kong 01 report, a 30-year-old businessman met 3 investment advisers under the introduction of a friend. Under the inducement and introduction of 3 scammers, the victim bought a cryptocurrency that is about to be issued. The scammers claimed the cryptocurrency. Great returns can be obtained. So between February and April of this year, the victim remitted a total of $124 million to the scammer’s account twice. However, the price of cryptocurrency plummeted in early June. When the victim wanted to cash out, he discovered that he had been cheated and reported to the police station.

The amount of this scam has reached HK$124 million, the highest amount of scam in the first half of this year. According to the police, the number of crimes related to cryptocurrency in the first half of the year was 496, which is more than 494 in 2020 and 138% higher than the same period last year. In the first half of the year, the loss amounted to 214 million yuan, 100 million yuan more than the full year of 2020.

source: Hong Kong 01

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