
A woman in Hong Kong who owned multiple properties has lost HK$10 million (US$1.3 million) after being scammed by a fraudster posing as a prospective tenant.
The force revealed on Friday that the 64-year-old retiree, whose properties consisted of residential, commercial and parking spaces, was contacted via WhatsApp by a scammer in May in response to a rental listing she posted on Facebook.
Police said that while no tenancy agreement was signed, the con artist struck up a friendship with the woman and claimed they could teach her how to invest in cryptocurrency, framing it as “the next opportunity to get rich”.
The scammer gave the victim step-by-step instructions on how to set up a cryptocurrency wallet, but tricked her into revealing her wallet details and password, before persuading her to invest large sums of money.
The woman then spent about HK$10 million on cryptocurrencies, which the scammer then transferred out of her digital wallet.
She only realised the deception when she discovered her cryptocurrency wallet was empty.

Don't Miss:
-
John Lee promises ‘high-quality’ experience for Apec finance meeting guests
-
John Lee urges public to tune in to Legco debate on city’s 5-year plan, policy address
-
Hong Kong prepares reforms, accountability measures ahead of Tai Po fire report
-
Turkmenistan grows its arsenal of Chinese air defences as Russia’s role shrinks
-
India sizes up US F-35 stealth jets in landmark first on home turf

From Iran to China: An Emerging Trans-Central Asian Corridor
New documents show how a retail chain’s sales practices helped put guns on US streets
Singapore a battleground of commodities fraud lawsuits