It’s a good time to be a scammer in Hong Kong.
New figures show that cyber-scammers cheated the city’s residents out of $57.6 million in the first 10 months of this year – a fourfold increase from $14 million for the same period in 2017.
$57.6m
Amount cyber-scammers conned from Hongkongers, Jan-Oct 2018
The vast majority of the victims? Love-struck individuals being exploited for their cash.
Figures revealed by Hong Kong police on Sunday showed 1,777 social media scam reports were received between January and October, up from the 808 cases for the same period last year. Among the losses, some $53 million, or about 92%, involved internet love scams.
The spike in cases and the scale of the mo
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Dec 10, 2018