A 46-year-old housewife in Hong Kong lost 7.1 million Hong Kong dollars ($908,000) to fraudsters. 🚹

- Scammers contacted via Instagram directed people to a fake crypto investment platform.

-The victim transferred more than $900,000 to 15 bank accounts but failed to make a profit.

- Police classified the incident as "obtaining property by deception" and the investigation continues. ⚖

Hong Kong police reported that financial losses from crypto investment scams are increasing.

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