The police said in a joint operation with their Singapore counterpart, they have arrested five people – two Moroccan men and three local woman – who are in an alleged transnational phishing email scam syndicate and froze HK$850,000 of their assets.
They were informed by the Singapore police that about 21 Singaporeans' credit cards were used after details were stolen. Their investigation found that a syndicate, pretending to be online merchants, used phishing emails to steal credit card details, and purchased expensive items on the internet and resold them.
In computers seized from the suspects, details of people in about 40 countries were found, including email addresses, names and phone numbers, the police said, and they do not rule out that there could be more victims.
It is estimated that about 150 transactions, worth a total of HK$1.3 million, were made and the largest transaction was about HK$60,000.