Average loss from investment scams for elderly in Hong Kong rises 33%

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In 2026, the average financial loss per elderly victim of investment scams in Hong Kong rose by 33% to HK$1.08 million, according to Police Commissioner Joe Chow Yat-ming. During the launch of an "Anti-fraud Cinema" initiative, the commissioner noted that total scam cases for the first eight months of 2026 reached 29,670, marking a 5% increase over the same…

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