Securities and Futures Commission (SFC) Warns Against Scams Claiming Investor Compensation Fund Claims

**MAY 19 – Hong Kong Securities and Futures Commission (SFC) Advisory** The Hong Kong Securities and Futures Commission (SFC) is urging the public to stay highly vigilant against a sophisticated scam that misuses the Investor Compensation Fund (ICF), a fraud that often leaves victims with additional financial losses. The SFC says it has recently received reports of scammers targeting people who already suffered investment losses—most likely from scams run by the same criminal syndicate. These fraudsters falsely tell victims they are eligible to recover their money via the ICF. In these schemes, scammers usually pretend to be SFC officials or legal professionals. They claim victims must pay an extra "deposit" or "fee" to get their "refund" from the Compensation Fund, a trick that has already fooled many people into falling for this secondary fraud. If you have any doubts about someone claiming to arrange compensation for your investment losses, contact the Investor Compensation Company Limited or the SFC directly through their official channels.