Scammed HK investors seek redress

Local | 13 Mar 2018 6:59 pm

A group of investors who allegedly lost millions of dollars called on the authorities to take action against a financial service firm, saying it is still continuing to defraud more people.

They said today they were lured by the company which offered high returns to invest in foreign currencies, stocks and gold, RTHK reports.

The company, Maxim Capital, has been linked to investment scams in Malaysia, Taiwan and Singapore, and the Securities and Futures Commission here got a court order to freeze the firm's assets in 2015.

But the investors said they were told to transfer their money to another trust company before it took effect.

The group said the company has now stopped paying returns and told them it will not be able to repay their investments. One investor, who said he lost HK$1.7 million, alleged thousands of people like him have been cheated by the company.

DAB lawmaker Ann Chiang is helping the group to submit a police complaint.-Photo: RTHK

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