A 60-year-old clerk in Hong Kong has become the latest victim of a significant cryptocurrency investment scam, reporting a loss of HK$21.5 million (approximately US$2.7 million) to local authorities. According to police reports, the victim established contact with an individual on 'Baby Kingdom,' a well-known parenting forum, on March 15. The suspect claimed to be an investment specialist and gained the victim's trust over several months.

Following the initial contact, the fraudster directed the woman to a fake cryptocurrency trading platform. Between March and August, the victim made multiple transfers, believing she was investing in legitimate digital assets. The scam was only discovered when the victim attempted to withdraw her funds and found she was unable to do so, at which point she contacted the police. Law enforcement officials have classified the incident as 'obtaining property by deception,' though no arrests have been made as the investigation remains ongoing.