Email scammers cheat Germany-based tech company’s Hong Kong branch out of HK$11.36mil


Swindler impersonating a boss from company’s headquarters claimed funds were needed for acquisition purposes in emails sent in March. Director of Hong Kong firm transferred HK$11.36mil into two local bank accounts in seven transactions. — SCMP

Fraudsters have tricked a German technology firm’s Hong Kong branch into transferring more than HK$11mil (US$1.4mil or RM6.10mil) into two bank accounts in one of the city’s biggest email scams this year.

The case came to light last month when the director of the Hong Kong branch made a report to police.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Trump announces $20 billion investment in US data centers
Japan's Renesas Electronics to slash jobs amid weak chip demand, Nikkei reports
How Elon Musk's Space X is looking to gain ground in Italy
Philips sells small chipmaking subsidiary, Telegraaf reports
AI startups drive VC funding resurgence, capturing record US investment in 2024
Aurora shares jump after deal with Nvidia, Continental to deploy self-driving trucks
Meta shelves fact-checking for 'Community Notes' model in major policy reversal
UK anti-trust regulator to launch two probes under new digital markets powers
AI to impact over 30% of jobs in Malaysia over next decade, says minister
CES 2025: Nvidia ramps up AI tech for games, robots and autos

Others Also Read