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EconomicChina·21 Aug 2026 · 6d ago

MTR Corp manager reports HK$74 million loss in investment scam

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A senior manager at the MTR Corporation reported a loss of HK$74 million (US$9.4 million) after being targeted in a two-year investment scam. The victim transferred funds to overseas accounts between February 2024 and January 2026 after being persuaded by an individual posing as an HSBC UK employee to invest in green bonds. Hong Kong police classified the incident as obtaining property by deception, and no arrests have been made as the victim failed to recover the money.

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