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Hong Kong Woman Scammed in Online Romance, Loses Over 5.5 Million Hong Kong Dollars to Cryptocurrency Investment Scam

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Hong Kong police announced on the social media platform "Protector" on March 24 that over the past few months, a 39-year-old local woman connected with a scammer on a mobile dating app—someone claiming to be an employee of a new energy company. The pair then shifted their conversation to WhatsApp, where they developed an online romantic relationship. The scammer later recommended a fake trading platform, telling the victim she could earn high returns by investing in cryptocurrencies. Over just two months, the woman followed instructions from the platform’s customer service and transferred more than HK$5.5 million to multiple unknown personal accounts via the Faster Payment System. When the scammer vanished, the victim realized she’d been scammed. Police are warning the public to exercise caution when making friends online, noting that scammers frequently pitch investments in precious metals and cryptocurrencies. In the past week alone, there have been 15 online romance scam cases, with total losses approaching HK$10 million.
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