The Hong Kong Monetary Authority (HKMA) issued a public warning after receiving enquiries about fake news and related fraud claiming links to the HKMA and a purported poverty alleviation project involving a meeting with HKMA Chief Executive Eddie Yue. The HKMA said the content is fake and that fraudsters have impersonated HKMA staff to tell members of the public they are disbursing poverty funds, instructing victims to top up accounts to “activate” them in order to receive funds. It reiterated that HKMA staff will not contact members of the public regarding personal financial matters and has reported the cases to the Hong Kong Police Force.
Hong Kong Monetary Authority 2025-01-24
Hong Kong Monetary Authority warns public about fake poverty relief scheme impersonating HKMA staff
The Hong Kong Monetary Authority (HKMA) warned about fraud involving fake news and impersonation of HKMA staff linked to a fictitious poverty alleviation project. Fraudsters falsely claim to disburse poverty funds, instructing victims to top up accounts to "activate" them. The HKMA reported these cases to the Hong Kong Police Force and emphasized that its staff will not contact the public about personal financial matters.