70-Year-Old in Hong Kong Falls Victim to Crypto Scam, Loses Over HK$13 Million According to Wen Wei Po, a 70-year-old received a message on WhatsApp from a stranger claiming to be a Singaporean 'crypto investment expert.' Following instructions, the victim set up a wallet, purchased USDT and ETH, downloaded a fake investment app provided by the scammer, and transferred assets to a designated address. The fake app initially showed profits to encourage further investment, but when withdrawal requests were denied, the victim realized it was a scam, losing over HK$13 million.