In recent years, investment scams have become increasingly widespread, with most cases involving online investment fraud. Scammers typically reach out to victims via instant messages or social media platforms, using a range of deceptive tactics to entice individuals into making fraudulent investments.

Common tactics include randomly adding individuals to investment groups or inviting them under the guise of investment experts or celebrities on social media, then luring them with fabricated insider information, tips, or promises of high-return investment opportunities. Additionally, scammers often attempt to build romantic relationships with victims, persuading them to invest through emotional manipulation or various deceptive excuses. Victims may be asked to download suspicious applications or conduct trades on fraudulent investment platforms. Scammers may also offer to invest on their behalf, requesting funds to be transferred to designated personal accounts or virtual assets sent to specific e-wallets. They may also impersonate financial institutions, sending text messages with phishing links designed to trick recipients into revealing account numbers, passwords, and verification codes. Besides, one should be vigilant against the risk of identity theft. If an identity card/document is lost, promptly report to the police and notify the banks and securities companies without delay. This immediate action helps prevent criminals from exploiting the lost identity card/document to access bank or securities accounts unlawfully.

We must stay alert and never fall for these traps. If in doubt, please call the Anti-Scam Helpline 18222 of the Hong Kong Police Force (HKPF). The HKPF and financial regulatory authorities also provide useful anti-scam resources to help identify scams.

Make Good Use of Anti-scam Resources to Identify Scams and Pitfalls

1. Scameter by the HKPF

Scameter is a one-stop scam and pitfall search engine that helps the public identify frauds and pitfalls. When the public encounters suspicious calls, online sellers, friend requests, job ads, investment websites, etc., they can enter the relevant details to assess the risk of fraud and cyber security. Search results are displayed in various colours for easy identification, as illustrated below. Besides the web version, the Scameter mobile app is also available.

2. The Alert List of the SFC

The Alert List on the Securities and Futures Commission (SFC) website provides information about suspicious virtual asset trading platforms, investment products, websites, fraudulent activities, and unlicensed entities. Users can search for the names of trading platforms or investment products and should exercise caution if they appear on the list.

3. Latest Scam Alerts and List of Fraudulent Investment Platforms by the ADCC

The Anti-Deception Coordination Centre (ADCC) frequently updates its website to inform the public about the latest scam cases and emerging trends, enhancing public awareness. It also manages the List of Fraudulent Investment Platforms, which features latest updates from the Police to help individuals recognize and avoid potential scams.

4. HKMA “Beware of Fraudsters!” webpage

The Hong Kong Monetary Authority (HKMA)’s “Beware of Fraudsters!” webpage features alerts on fraudulent websites and phishing emails reported by banks for public awareness. It also provides practical anti-scam tips related to banking services, including how to spot fake SMS messages and emails, and how to avoid credit card scams. The public can also refer to HKMA press releases for updates on fraudulent websites, scam emails, phone fraud, and other forms of deception.

Scammers use a range of deceptive tactics, often preying on individuals’ desire for high returns. One should remember that investments promising high returns at low risks simply do not exist. It is not wise to easily trust recommendations from others, especially those from new acquaintances or online contacts. Always conduct thorough research before investing to understand the features and risks associated with any investment product. Only select licensed and reputable intermediaries, and verify all information through official channels to protect yourself from scams. To stay informed, follow the social media pages of the Investor and Financial Education Council, HKPF, and regulatory authorities for the latest anti-scam tips.

11 February 2026