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A 75-year-old man in Hong Kong suffered a virtual currency investment fraud and lost HK$26.2 million

Source: ForesightNews
According to Eastern Online, Hong Kong police received a report that a 75-year-old local man was induced to invest in Ethereum by a fraudster who claimed to be a virtual currency investment expert from July to September this year. The victim made 19 transfers in two months and transferred approximately HK$26.2 million in virtual currency to 6 virtual clients. The scammer then lost contact and the victim called the police for help on September 11. The police have listed the case as "acquisition of property by deception", and no one has been arrested yet.
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