According to Hui Kong Communications, Hong Kong police received over 40 investment fraud reports in the past week, with losses exceeding HK$50 million. One case involved a man in his 70s who received a message on WhatsApp from a stranger claiming to be a 'cryptocurrency investment expert.' Following the instructions, he purchased USDT and ETH, downloaded a fake investment platform app, and transferred the crypto to a designated wallet. The app showed continuous profits, prompting him to invest more funds, ultimately losing over HK$13 million. He only realized it was a scam when he couldn’t withdraw his money. https://(wublock123.com)/news/hong-kong-70s-scam-crypto-investment-app-loss-13m-hkd-68344