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Hong Kong Sees Alarming Increase in Fraud Cases, Says Secretary for Security

Secretary for Security Tang Bing-keung said after attending the Fight Crime Committee today (27th) that Hong Kong recorded 58,453 crime cases from January to August this year, an increase of 34.6% compared with the same period last year.

[Yahoo News Report]The JPEX controversy continues to rage. The Secretary for Security, Tang Bingqiang, attended the Fight Crime Committee today (27th) and stated that the police had received reports from 2,392 people, involving a total amount of nearly 1.5 billion yuan, and had contacted 300 informants. He said that the police started law enforcement operations last Monday (18th) and have arrested 12 people so far, searched 16 cryptocurrency exchange shops (OTC), seized 8 million yuan in cash during the operation, and frozen more than 77 million yuan. Meta-assets, including properties and cryptocurrencies, etc.

Deng Bingqiang said that the current investigation direction of the police includes tracing the people behind the case and the flow of funds, and will prevent further fraud. When asked if there were any persons abroad, Deng said it was not convenient to disclose the details of the investigation of the case, but pointed out that if overseas investigations are involved, the police have an investigation mechanism to assist overseas law enforcement agencies, and the authorities will use all means to make those involved bear due consequences. Legal Consequences.

Among the 12 people arrested by the police so far, they include Lin Zuo, who runs a cryptocurrency exchange shop, and KOL “Chen Yi”. In addition, some celebrities who have promoted JPEX have also assisted the police in the investigation, including the artist Zhang Zhilin who was once appointed as the “JPEX Hong Kong Brand Ambassador”. Zhuang Simin also went to the police headquarters immediately after returning to Hong Kong last Thursday (21st) to assist in the investigation. Metaphysician Chen Dingbang also went to the Commercial Crime Investigation Bureau last Friday (22nd) to assist in the investigation. When asked whether any artist’s endorsement behavior involves criminal liability, Deng Bingqiang said that police actions depend on the evidence at hand. If the evidence is sufficient, they will be arrested or even prosecuted.

Deng Bingqiang: Fraud cases have increased alarmingly

As for the overall crime and public security situation in Hong Kong, Tang Bingqiang pointed out that from January to August, 58,453 crimes were recorded, an increase of 34.6% compared with the same period last year; there were 6,495 violent crimes, an increase of 14% compared with the same period last year. He described the “considerable increase” in crime, mainly due to the high number of deception cases. The number of deception cases recorded in the first eight months increased significantly by 52.2% compared with the same period last year, accounting for 43.7% of the overall crime.

He pointed out that fraud cases accounted for 14.7% of the total number of crimes from January to August 2018, but this year it increased to 43.7%, describing the increase as “quite alarming.” He continued that among the fraud cases recorded in the first eight months, 70% involved online fraud, investment fraud accounted for 15%, and job search fraud accounted for 140%. In terms of phone scams, there was a 73.6% surge in the first eight months of this year compared with the same period last year, with an average of 272 cases per month. Tang Bingqiang said that this had dropped from 381 cases before the police launched the “anti-fraud video device”.

2023-09-27 05:21:05
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