TechFlow Deep Tide News, on March 21, according to Hong Kong Wen Wei Po's report, Hong Kong Police's Cyber Crime Division "Cyber Defender" revealed a virtual currency fraud case where a 66-year-old retiree was misled three times by "virtual currency investment expert" scams starting from September 2025.

After being defrauded of HK$1.4 million in the first incident, the victim paid a HK$600,000 deposit to another "expert" to recover losses, and was subsequently lured into purchasing virtual currency worth HK$4.6 million and transferred to designated accounts. The fraudsters disappeared after receiving the funds. The victim accumulated losses of HK$6.6 million within half a year before finally reporting to police for assistance. Police remind the public not to trust "guaranteed profit" investments and so-called "loss recovery" services to prevent falling victim to consecutive fraud schemes.