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EconomicChina·31 Oct 2026

Hong Kong woman loses HK$2.7 million in phone scam

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A 66-year-old woman residing in Sau Mau Ping, Hong Kong, reported being swindled out of HK$2.7 million (US$344,158) in a phone scam. The victim transferred the funds after a caller alleged that her bank account, used for online insurance purchases, was involved in money laundering. The woman reported the incident to the police at approximately 5am on…

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