CyberNotableSingle-sourceDeveloping
5.1
Hong Kong credit card fraud ring targets iPhone 18 Pro preorders; 700+ victims
South China Morning PostLO·HK·1 day ago
A 51-year-old Hong Kong man was arrested for allegedly defrauding an education consultant of nearly HK$2.8 million by promising dozens of places at Kiangsu-Chekiang College. The suspect signed a contract in March 2024 but failed to deliver, leading to police action. This is a local fraud case with no broader geopolitical or market implications.