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Hong Kong police cracked 36 fraud cases in the past week involving 71 million Hong Kong dollars, two of which set up virtual currency exchangers to defraud

On June 23, according to Ming Pao, the Hong Kong police arrested 39 people in the past week on suspicion of lending or selling accounts to help fraudulent syndicates launder money, and two others were suspected of setting up fake virtual currency trading shops, claiming that they could exchange virtual currency for cash at preferential prices, and then fled after defrauding the victims of virtual currency. In this operation, Yau Tsim Police District detected a total of 36 cases, including 8 online shopping scams, 8 online job scams, 6 phone scams, 4 online investment scams and 10 other types of cases. The victims were aged between 18 and 71, and the loss amount was as high as 71 million yuan.