The average loss suffered by elderly victims of investment scams in Hong Kong rose by a third year on year to HK$1.08 million (US$137,600) in 2026, the city’s police chief has said, calling for greater community vigilance against syndicates preying on retirees.
Commissioner of Police Joe Chow Yat-ming on Tuesday also warned of a recent surge in scams involving fraudsters posing as customer service officers, with such cases nearly doubling from last year.
Speaking at the launch of “Anti-fraud…
Source: www.scmp.com
