Hong Kong woman loses HK$2.5M in sophisticated online banking scam via fake refund
A Hong Kong housewife was defrauded of HK$2.5 million after responding to a Facebook advertisement for collagen drinks. The scammer used a social engineering tactic—offering a fake refund through a fraudulent banking portal—to obtain her online banking credentials and drain her accounts. The incident highlights evolving e-commerce fraud tactics that exploit victim trust in refund processes.