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Hong Kong Retired Woman in Her Sixties Scammed by "Fake Tena

2026-10-22 01:07 · 3 sources

ETH

On October 21, Wu Blockchain, PANews, and Odaily Planet Daily reported that Hong Kong police, in a post on the social platform "CyberDefender" (守网者), said they received over 50 investment scam reports in the past week, with losses exceeding HK$30 million. Among the victims was a retired woman in her sixties who was lured by a man posing as a tenant and claiming to be an "investment expert." She purchased USDT 20 times and transferred it to a designated wallet to "buy ETH." When she attempted to withdraw her funds, she was demanded approximately HK$7 million in USDT as "taxes," ultimately losing over HK$4.5 million.

Timeline

Background and Impact

On October 21, Wu Blockchain (07:54), PANews (08:06), and Odaily Planet Daily (08:07) each reported on the same case: Hong Kong police stated in a post on the social platform "CyberDefender" that they had received over 50 investment scam reports in the past week, involving losses exceeding HK$30 million. All three outlets were consistent on the core figures, with only minor wording differences, such as "more than 50 cases" versus "over 50 cases"; the sources cited also differed — Wu Blockchain attributed its report to AASTOCKS, PANews to Harbour News (汇港通讯), and Odaily directly quoted the Hong Kong police statement.

The case details are as follows: a retired woman in her sixties previously met a man on a property trading platform who claimed to be interested in renting an apartment. The man claimed to be an investment expert, persuaded her to invest in cryptocurrency, and provided links to a fake investment website; Wu Blockchain's report additionally noted that he lured her with "high returns." Following his instructions, the victim visited physical cryptocurrency exchange shops (找换店) 20 times to purchase USDT, then transferred it to the wallet designated by the other party, nominally for "buying ETH." She initially succeeded in withdrawing some funds; Wu Blockchain reported that she subsequently continued to add to her investments. When she applied to withdraw again, the other party demanded that she first pay approximately HK$7 million equivalent in USDT as "taxes" before withdrawal, at which point she realized she had been defrauded, ultimately losing over HK$4.5 million. The three reports were consistent on the loss amount, the number of deposits, and the amount of "taxes" demanded.

From the perspective of the scam's structure, the case involved three elements: impersonation (a fake tenant and fake investment expert), a fake website, and offline purchases of cryptocurrency at exchange shops. Funds moved in USDT, with the nominal target being ETH. The statistics disclosed by police — covering the past week, over 50 cases, and losses exceeding HK$30 million — all came from the "CyberDefender" notice. In terms of the platforms used, the materials do not involve any compliance issues with any trading platform. Readers who need to trade should verify official entry points themselves. For example, pages such as OKX registration app download, Huobi HTX registration app download, Gate.io registration app download, Bitget registration app download, and Binance registration app download should all be confirmed through official channels. Never click on links sent by strangers.

FAQ

### How widespread is the impact of such cases?

According to the Hong Kong police notice on the "CyberDefender" platform, over 50 investment scam reports were received in the past week alone, involving losses exceeding HK$30 million. The individual case of the retiree in her sixties reported in this coverage involved losses of over HK$4.5 million.

### What identifiable characteristics do the scam tactics have?

As described in the materials, the perpetrator first posed as a prospective tenant on a property trading platform, then claimed to be an investment expert, sent links to a fake investment website, and used high returns to induce the victim to repeatedly visit physical exchange shops to purchase USDT and transfer it to a designated wallet. When withdrawal was requested, the perpetrator continued to demand coins on the pretext of paying "taxes."

### What is the progress of the case and the recovery of funds?

All three materials stopped at the police notice and the victim's loss amount, without disclosing any follow-up information such as arrests, investigation progress, or fund recovery. Readers should refer to subsequent releases from Hong Kong police's "CyberDefender."

Sources

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