Take the quiz
You are a sincere person who enjoys helping others. But many lawbreakers may take advantage of your kindness. Investment scams can be carried out in a myriad of ways. To protect yourself, you must stay vigilant and visit the IFEC website to learn how to avoid scams!
IFEC Chin Chin urges everyone to stay alert and avoid investment scams! If you suspect that you have become a victim, call the Police’s Anti-Deception Coordination Centre hotline 18222 for help.
You are clear-headed and have some knowledge of scam prevention, yet scammers continually devise new schemes preying on victims. Worry not! You have the potential to do better. Stay vigilant and visit the IFEC website to learn more on scam prevention. You too can become an anti-scam expert!
IFEC Chin Chin urges everyone to stay alert and avoid investment scams! If you suspect that you have become a victim, call the Police’s Anti-Deception Coordination Centre hotline 18222 for help.
Congratulations! You have answered all the questions correctly! That proves you are cautious, perceptive, and have a good grasp and understanding of scam prevention. But fraudsters have a myriad of tricks, so you should continue to stay vigilant by checking the IFEC website for updates on scam prevention.
IFEC Chin Chin urges everyone to stay alert and avoid investment scams! If you suspect that you have become a victim, call the Police’s Anti-Deception Coordination Centre hotline 18222 for help.
Fraudsters pose as investment experts or celebrities, repurposing their photos and videos to falsely claim they offer stock advice, enticing the public to join investment chat groups. Typically, they begin by recommending well-known stocks, allowing investors to experience initial gains and fostering trust. Once credibility is established, they shift focus to manipulated penny stocks. After investors commit their funds, the fraudsters unload large amounts of shares at inflated prices, triggering a steep drop in value and leaving investors with significant financial losses.
It is a common scam tactic for fraudsters to praise a fake "expert" in a chat group to create a persuasive atmosphere. They pose as investment specialists offering exclusive or insider tips, while accomplices pretend to be ordinary investors supporting the expert's claims. This coordinated scheme aims to lure people into investing their money.Fraudsters spend significant time gaining victims' trust through online interactions, then convince them to provide money or join fraudulent investment schemes. They often pressure victims to use obscure trading platforms that cannot be found on search engines, with apps available only from unofficial sources.
With the advancement of artificial technology, fraudsters can now convincingly replicate people's appearances and voices. This enables them to produce videos or audio recordings that are difficult to distinguish from genuine ones. Consequently, images, audio, videos, and even live video calls can no longer be trusted without thorough verification.Fraudsters will create fake profit records and allow victims to withdraw a portion of their funds to establish trust, all with the aim of enticing them to invest larger amounts before eventually disappearing with the money.
Got itFake trading platforms often seem credible at first, but once victims invest substantial amounts, they will encounter difficulties withdrawing their funds. Fraudsters then demand hefty fees or taxes to process withdrawals, using these excuses to prolong the scam.Renting, selling, or lending your account to someone else can lead to serious consequences. Your account may be used for illegal activities such as money laundering, which carries a prison sentence of up to 14 years and a HK$5 million fine.Fraudsters often impersonate securities firms, sending texts or emails with links to fake websites. If victims enter their account credentials and passwords, the fraudsters will gain access to the accounts and carry out unauthorised transactions, leading to financial losses. Beyond securities firms, fraudsters commonly impersonate banks, telecommunications providers, courier services, government agencies, and other organisations to distribute phishing messages and emails.
