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Nostalgic businessman lost $20 million in 4 years in resale mobile phone scam, police detain 3 men and women

2022-08-30T23:35:13.742Z


A 64-year-old local man surnamed Zheng, who is in the aluminum and steel business, was lobbied by the son of a late connoisseur friend to invest, claiming that he could make a profit by reselling a large number of mobile phones. He saw that the other party was a "sister of the world", from 2018 to this year.


A 64-year-old local man surnamed Zheng, who is in the aluminum and steel business, was lobbied by the son of a late connoisseur friend to invest, claiming that he could make a profit by reselling a large number of mobile phones.

He saw that the other party was a "sister of the world", and between 2018 and this year, he will pay a total of about 20 million yuan to the other party in the form of transfers, checks and cash to buy a large number of iPhones.

However, someone later used different excuses to delay the delivery of the batch of mobile phones. The victim discussed with his family and suspected that he had been deceived, so he reported to the police.


After preliminary investigation, officers from the Yau Tsim Police District Criminal Investigation Team took action in Shatin, Hung Hom and Wong Tai Sin districts on Monday (29th), during which a 60-year-old man surnamed Luo Ben and a 59-year-old surname were arrested in Wong Tai Sin district. Chung local woman, and then arrested a 35-year-old surnamed Luo Ben man in Tsim Sha Tsui district today (30th).


The arrested 60-year-old man surnamed Luo is a retiree, while the arrested 59-year-old woman surnamed Zhong is a housewife.

The source said that the victim was engaged in the aluminum and steel business. Luo's father was the victim's friend. Although the victim was a few years older than Luo's male, he was of a higher seniority and regarded the other party as a concubine.

Luo's father passed away early, and Luo has been lobbying victims to participate in a plan to invest in resale iPhones since August 2018.

The victim remembered his old feelings and was not afraid of fraud. From 2018 to 2022, he made multiple deposits to Luo, involving about 20 million yuan.

The arrested person was detained on suspicion of "obtaining property by deception", and the case was handed over to the 10th Unit of the Yau Tsim Police District Criminal Investigation Team for follow-up.

The case is still under investigation and police cannot rule out more arrests.

Source: hk1

All news articles on 2022-08-30

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