A 90-year-old woman from Hong Kong was conned out of $32 million by people pretending to be Chinese authorities.
Hong Kong Police said the scammers targeted an elderly woman who lived in a mansion in The Peak, the most glamorous neighborhood in private administration.
The offenders contacted the unnamed woman last summer and pretended to be Chinese public security officials, saying her identity was being used in a serious criminal case in mainland China.
He then explained that the fraudsters had taken money from the woman, stating that she had to transfer money to accounts held by the investigation team. A private mobile phone and sim card were sent to the woman’s home to communicate with the fake security team.
Within five months, it emerged that the elderly woman had transferred a total of $32 million to 11 separate accounts sent by fraudsters.
On the other hand, one of the biggest phone scams in history occurred when his assistant at home became suspicious of the situation and called the woman’s daughter.
Police said a 19-year-old boy was arrested for fraud and released on bail following the investigation.
Hong Kong, on the other hand, is one of the places with the highest population of billionaires in the world, many of whom are elderly and make them vulnerable to scammers. In the first quarter of 2021, cases of phone fraud increased by 18 percent, and scammers pocketed ($45 million) during that period. In 2020, police said they had handled 1,193 cases of phone fraud in which a total of $74 million was stolen.