Hong Kong’s biggest phone scam: retiree, 78, arrested for posing as ‘spy’ in HK$250 million case

By Clifford Lo

Financial losses to phone scams have risen by 41 per cent in Hong Kong from 2020 to 2021, as scammers use Covid-19 related fear-mongering to target victims.

Source: Hong Kong’s biggest phone scam: retiree, 78, arrested for posing as ‘spy’ in HK$250 million case