Read More
Night Recap - April 3, 2026
9 hours ago
Iran demands transit fees in yuan, stablecoins for Strait of Hormuz passage
03-04-2026 02:45 HKT




Concert tickets accounted for over 60 percent of online shopping scams last year, with Carousell, Instagram and Facebook as the top platforms; police arrested 156 people in a three-week operation that dismantled multiple fraud rings and recovered over HK$6 million.
Hong Kong police conducted a large-scale enforcement operation throughout January, targeting online shopping scams and related money laundering.
The operation resulted in the arrest of 108 men and 48 women aged 14–75 and uncovered 269 cases with total losses exceeding HK$6 million.
Intelligence showed that around half of the cases (128 incidents) were operated by 12 local suspects from five groups.
These groups advertised popular items—especially concert tickets and related merchandise—on mainstream platforms.
They exploited buyers’ urgency by pushing for quick payments and moving conversations to private messaging apps to bypass platform protections.
After receiving funds into mule accounts, the scammers vanished, leaving victims without goods.
A typical case involved a victim who transferred HK$3,500 for concert tickets, only to be told repeatedly that payments failed.
The scammer demanded more transfers, eventually causing a loss of HK$300,000.
Among the arrested were 126 mule account holders—mostly unemployed—who were recruited by crime groups promising easy money for receiving illicit funds.
Some stooge accounts handled over HK$25 million in suspected crime proceeds.
Cyber Security and Technology Crime Bureau officers noted that online shopping scams made up 40 percent of all internet fraud from January to November 2025, with losses around HK$350 million—an 8 percent rise compared with the previous year’s 27 percent increase.
Authorities attribute the slowdown to stronger enforcement and close cooperation with platforms, which removed over 100,000 suspicious accounts and pages in 2025.
Young people aged 21–30 were the most affected group (44 percent), followed by 31–40 (27 percent) and teens 11–20 (16 percent).
Police explained that this demographic is highly active on social and shopping platforms, often seeking bargains and concert tickets, making them vulnerable to pressure tactics and fake sellers.
With many concerts scheduled in 2026, including local and international artists, police warned of heightened risk and urged event organizers and singers to remind fans to buy only through official channels. They also cautioned about Lunar New Year online shopping for festive goods.
Anti-scam advice includes using official or reputable platforms, never sharing bank details or verification codes, and preferring in-person transactions when possible.
The Cyber Security Division launched a campaign this quarter under the theme “Cyber Guardian Alliance.” It unites government, public bodies and businesses for online and offline activities to boost public awareness and resilience against online threats.
Download The Standard app to stay informed with news, updates, and significant events: