Hong Kong Monetary Authority Alerts Public on Fraudulent Activities

Timothy Morano
Jun 13, 2025 03:17

The Hong Kong Monetary Authority warns the public about fraudsters impersonating its staff to issue fake documents, urging vigilance against such scams.

The Hong Kong Monetary Authority (HKMA) has alerted the public to a surge in fraudulent activities involving individuals impersonating its senior staff. These fraudsters have been issuing forged documents, falsely claiming that certain securities or investment companies are recognized financial institutions. The ultimate goal of these scams is to trick unsuspecting individuals into depositing funds with these bogus companies, often as a prerequisite for loan approval, according to the Hong Kong Monetary Authority.

HKMA’s Response to Fraudulent Claims

In response to these deceitful activities, the HKMA has unequivocally stated that it does not contact individuals regarding personal financial matters. The authority has emphasized that these schemes are entirely fraudulent and should not be trusted. For those who wish to verify the authenticity of an institution’s authorization by the HKMA, the Register of Authorized Institutions and Local Representative Offices is available on the HKMA’s official website.

Reporting and Preventing Fraud

The HKMA has taken proactive measures by reporting these cases to the Hong Kong Police Force. The public is urged to remain vigilant and report any suspicious activities. Those who suspect they may have fallen victim to such scams are encouraged to contact the Police or the Commercial Crime Bureau of the Hong Kong Police Force at 2860 5012 for investigation and further action.

Broader Implications and Public Awareness

This warning from the HKMA underscores the broader issue of financial fraud and the importance of public awareness. As financial scams become increasingly sophisticated, institutions and individuals must remain cautious and informed to protect themselves from potential financial losses. The HKMA’s continuous efforts to educate the public and collaborate with law enforcement aim to curb these fraudulent activities and enhance financial security in Hong Kong.

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