Crypto scam continues to plague the global financial landscape, with the latest victim being an executive of a prominent Hong Kong company. Falling prey to a string of crypto investment frauds, the director found himself ensnared in the intricate web of deceit orchestrated by cunning fraudsters.
Local authorities have revealed that the unfortunate individual was lured into setting up an account on a seemingly legitimate app, only to realize too late that it was a meticulously crafted facade designed to deceive unsuspecting investors.
As the devastating consequences unfolded, the director suffered an immense financial loss, totaling over HK$16 million (equivalent to approximately US$2 million).
Hong Kong Businessman Falls Prey To Facebook Impersonator
According to The South China Morning Post, the sophisticated scheme unfolded when a 47-year-old businessman innocently accepted a friend request on…
