Hong Kong SFC: Beware of Scams Pretending to Offer Compensation Fund Claims to Investors
Hong Kong SFC: Beware of Scams Pretending to Offer Compensation Fund Claims to Investors
ChainThink News, May 19: According to an official announcement, the Securities and Futures Commission (SFC) of Hong Kong has issued a warning urging the public to remain highly vigilant against fraud activities impersonating the Investor Compensation Fund.
These scams often result in victims suffering secondary losses. Fraudsters contact individuals who have previously incurred investment losses, falsely claiming they are eligible to recover their losses through the compensation fund, and demanding additional "deposit" or "handling fee" to process the claim—numerous victims have already fallen prey to such schemes.
The SFC also reminds investors that it will never contact them via social media or instant messaging platforms to request funds related to compensation claims.
Disclaimer: Contains third-party opinions, does not constitute financial advice
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