Hong Kong police investigate email scam following German pharmaceutical firm’s report it was swindled out of more than RM15.34mil

German firm had been conducting business with supplier from mainland China via email and was allegedly tricked by criminals into making transfer. In separate case involving European firm, Hong Kong-listed pharmaceutical company says its subsidiary in Italy had fallen victim to suspected fraud involving €11.7mil. — SCMP

Hong Kong police have launched an investigation into an email scam after receiving a report from a German pharmaceutical company that it had been swindled out of more than €3mil (RM15.34mil), the Post has learned.

In a separate Internet fraud case involving a European firm, a Hong Kong-listed pharmaceutical company on Monday said its subsidiary in Italy had fallen victim to a suspected telecoms fraud involving €11.7mil (RM59.83mil).