Hong Kong Stock Fraud
Stock Broker Fraud in Hong Kong
Digitpol conducts investigations into Stock Broker Fraud and Investment Fraud, such crimes are rising rapidly, scams such as stock fraud, issuing of shares, broker fraud and investment scams are all well organized and not easily to detect. Digitpol has seen an increase in Investment and stockbroker scams targeting Hong Kong. Digitpol’s operational units deploy daily to assist with the checks on issued shares, validate share certificates, validate investment firms offering such sales and to report crimes to the Police and liaise with banks and legal authorities to recover funds.
The common modus operandi of stock and investment fraud is people meet each other online within a chat or dating app and the person steers you to investments, shortly afterwards that person, typically they will introduce you to an investor or an agent, if this happens, stop and report the case. Genuine investors don't use such platforms.
If you have transferred funds to a fraudulent bank account in Hong Kong, the following is urgent.
- Immediately alert your bank the transaction is fraudulent. This is most urgent.
- Report the incident as soon as possible to your local police in the country you reside in. Obtain the Police report or case number
- Report the case to the Hong Kong Police. Obtain the Police report or case number.
- When required, engage Digitpol and its legal team to act for you in Hong Kong to examine the evidence, prepare a report, investigate the case, and liaise with the Authorities and the Banks.
- If your physically located in Hong Kong, go directly to a Police station, and bring all the evidence with you.
When Digitpol is engaged, we will immediately contact the receiving banks security department and put them on notice of the fraud.
In the majority of cases related to Investment fraud, the evidence of a crime is digital evidence, Digitpol can assist with compiling a forensic report that details how the fraud took place and the examination of forensic evidence such as digital data, computer forensics and server logs. Digitpol will present your case to the Police and its legal partner can take civil action when required.
To check if a Hong Kong company has a license to trade Securities and Futures or if the company has been published on the Alert List of the Securities and Futures Commission (SFC) you can check licensed operators on the website of SFC or the alert list: https://www.sfc.hk/web/EN/alert-list/all.html The information contained on the Alert List is provided as an early warning service to investors but is not a substitute for investors conducting their own due diligence by checking up on a particular entity.
How We Can Help
If you have wired funds from abroad to Hong Kong and later discovered the transaction was fraudulent, we can assist you by compiling a forensic report and liaising with the receiving bank and the Hong Kong Police.
We provide both operational and forensic support to companies that have fallen victim to Stock Fraud, Investment Scams, BEC fraud, email scams, invoice fraud, or other cyber-enabled financial crimes where stolen funds have been transferred to bank accounts in Hong Kong.
Digitpol acts on behalf of international firms locally in Hong Kong, offering a rapid response through our investigative expertise. In partnership with our legal experts and specialists in fund recovery in both Hong Kong and mainland China, we deliver a combined investigative and legal approach to support the seizure and recovery of stolen assets.
Please note: only the Hong Kong Police or the Hong Kong High Court have the legal authority to seize funds. Our role is to provide the necessary evidence, documentation, and liaison support to facilitate such actions effectively.