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Event Brief

Hong Kong police arrest six in alleged investment scam

Hong Kong police arrested six people allegedly linked to a suspected cross-border criminal syndicate accused of running a nine-year investment scam involving agarwood and cryptocurrency. Superintendent Allan Chu Ming-lun said investigations began in September after police received 21 reports, mostly from elderly people; the funds involved reached HK$14 million (US$1.78 million).
WHO: Hong Kong police
WHAT: Hong Kong police arrested six people allegedly tied to a suspected cross-border agarwood and cryptocurrency investment scam.
WHEN: Oct 8, 2026
WHERE: Hong Kong
WHY: Police began investigating after receiving 21 reports from victims who said they had invested in various products.

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