Police: Average losses in investment scams targeting elderly rise 33% year-on-year to HK$1.08 million

Police revealed that the average loss in investment scams targeting the elderly in 2026 rose by about a third year-on-year to HK$1.08 million (US$137,600). Commissioner of Police Raymond Chow on Tuesday urged the community to heighten vigilance and warned that scams involving people impersonating customer service staff have surged recently, with the number of cases nearly doubling compared with last year.