HK Police Warn of Romance Scam Involving Fake Crypto App

Hong Kong police have issued a warning about a romance scam involving a fake cryptocurrency app. The scammers used the app to trick victims into sending them over $3.3 million.

The authorities report that the fraudsters created a dating website and contacted potential targets, claiming they were in a romantic relationship with someone who had invested in a lucrative cryptocurrency project.

According to police, the victims were then convinced to invest in the fake app, which promised unusually high returns. The scammers allegedly used the funds for their own gain, leaving the victims with significant financial losses.

The total loss reported by the authorities is over $3.3 million, although it's likely that there may be additional cases of this type that have not been documented.