A director for a mainland Chinese insurance company was victimized by a phone scam in Hong Kong, losing around RMB3 million (US$436,000), the second largest amount lost to the racket this year.
Chen later talked to a second man, who claimed to be an officer with the Exit-Entry Administration Bureau of Shanghai. He demanded that Chen pay RMB6.5 million (US$945,000) to prove her innocence. She gave in to the scammers’ orders but notified the police the following day.
