Victim loses $74 million in green bond scam

A man loses 74 million Hong Kong dollars after falling

victim to a scam.

According to the police, the 59-year-old claimed he received a call

years ago from someone posing as an overseas bank employee,

who lured him into investing in green bonds.

Between February 2024 and January 2026, the victim made 12 transfers

totalling approximately 74 million Hong Kong dollars to designated

overseas bank accounts provided by the scammer.

Suspecting he had been defrauded after failing to retrieve his funds,

he reported the case to the police last Wednesday.

The case is being followed up by the Wong Tai Sin District Crime Squad.

No arrests has been made so far.