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Multi-property owner loses HK$10 million to cryptocurrency scam

Multi property owner loses HK$10 million after fraudster poses as possible tenant A 64 year old retiree and multi property owner has lost HK$10 million to a cryptocurrency scam in Hong Kong, highlighting the brazen tactics employed by scammers.

The victim was initially contacted through WhatsApp in response to a rental listing on Facebook.

The scammer built trust with the victim, promising "tips on how to make money fast with cryptocurrencies" and even providing step by step instructions for setting up a cryptocurrency wallet.

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