Hong Kong police’s special anti-fraud squad blocked nearly US$90mil in payments to scammers

Frozen payments involved email fraud, online romance scams and investment fraud. Phone frauds include fake officials, bogus kidnappings and the

The special anti-fraud unit of the Hong Kong police halted HK$700mil (RM370.28mil) worth of payments to local and international fraudsters using Internet and phone scams in the first three months of this year.

Chan Kwok-wai, the senior inspector of the Anti-Deception Coordination Centre, said on Wednesday the number of phone fraud cases the special unit had successfully solved rose 76% to 125 in the first quarter of 2019 from 71 in the same period last year.