Hong Kong woman swindles landlords out of HK$4.3m in crypto investment scam

Hong Kong police have arrested a 67-year-old woman who posed as a prospective tenant to swindle two property owners out of HK$4.3 million (US$510,008) in a virtual currency investment scam. Investigators from the Western district crime squad said on Wednesday that the suspect had contacted two victims — who were separately advertising a flat and a parking space for rent — and offered to pay in advance to win their trust. She then persuaded them to join a supposed high-return investment...

By Danny Mok