FinanceLane
  • Funding
    • Equity Funding
    • Debt Funding
    • Crowdfunding
    • Real Estate Funding
  • Investing
    • Stocks
    • Bonds
    • Mutual Funds
    • Commodities
    • Forex
    • Private Equity
    • Real Estate
    • Crypto Investing
  • Lending
    • Personal Loan
    • Business Loan
    • Mortgage
    • Credit Card
    • Microfinance
    • Peer-to-Peer Lending
  • Insurance
    • Life Insurance
    • Health Insurance
    • Auto Insurance
    • Education Insurance
    • General Insurance
  • Banking
    • Individual Banking
    • Business Banking
    • Investment Banking
    • Neo Banking
    • Payments Bank
  • Wealth
    • Earning
    • Savings
    • Investments
    • Budgeting
    • Credit Management
    • Tax Planning
    • Retirement
  • Fintech
    • Payments
    • Digital Banks
    • Alternative Financing
    • Asset Management
    • Softwares
  • Startup
    • Startup Ecosystem
    • Merging & Acquisition
    • Equity Investing
    • Franchising
    • Business Offers
  • Crypto
    • Crypto Coins
    • Crypto Trading
    • Bitcoin
    • Blockchain
    • DAPP
    • Crypto Investing
  • Login
No Result
View All Result
FinanceLane
  • Home
  • Funding
  • Investing
  • Lending
  • Insurance
  • Banking
  • Wealth
  • Crypto
  • Newsletters
  • Feedback
Home News Feed Blockchain News

HKMA Warns Against Fake News and Fraudulent Projects

Blockchainby Blockchain
January 25, 2025

Iris Coleman Jan 25, 2025 14:19

The Hong Kong Monetary Authority (HKMA) alerts the public about fake news and fraudulent claims regarding a poverty alleviation project allegedly associated with the HKMA.

HKMA Warns Against Fake News and Fraudulent Projects

Public Alert on Fake News

The Hong Kong Monetary Authority (HKMA) has issued a warning to the public regarding the circulation of fake news and fraudulent activities falsely attributed to the organization. According to the Hong Kong Monetary Authority, there have been reports of misinformation involving a purported poverty alleviation project.

Fraudulent Claims Exposed

The misleading information includes claims that an individual leading the project met with HKMA’s Chief Executive, Eddie Yue, to discuss poverty relief funds. The HKMA has unequivocally stated that these assertions are unfounded and entirely fictitious.

Fraudulent Activities Identified

In a related scam, imposters posing as HKMA employees have approached individuals, claiming to manage the distribution of poverty funds. These fraudsters have allegedly requested funds to “activate” accounts necessary for receiving aid. The HKMA has clarified that its personnel will never engage in such activities or solicit personal financial information from the public.

Legal Measures and Public Advisory

In response to these fraudulent claims, the HKMA has reported the incidents to the Hong Kong Police Force for further investigation. The authority urges anyone who suspects fraudulent activity to contact local law enforcement or the Commercial and Technology Crime Hotline at 2860 5012.

The HKMA remains committed to safeguarding the public from deception and emphasizes the importance of verifying information through official channels.

Image source: Shutterstock Read The Original Article on Blockchain.News

Tags: FAKE NEWSFRAUD ALERTHKMAHong KongNews

Related Topics

Advisory

Here’s how you can protect your turf at work

Advisory

What should FD investors do now? RBI cuts repo rate by 50 bps, interest rates will fall further

Prev Next

You May Like

Advisory

Here’s how you can protect your turf at work

Advisory

What should FD investors do now? RBI cuts repo rate by 50 bps, interest rates will fall further

Advisory

Big savings for home loan borrowers as EMIs to fall significantly after RBI cuts repo rate by 50 bps

Advisory

Bakrid bank holiday today: Are banks open or closed in your state on June 6, 2025 for Id-ul-Ad’ha 2025

Advisory

HDFC Bank UPI and other services won’t be available on this date: Check details here

Advisory

Waiting list train ticket? Get ticket confirmation assurance with up to 3x money back guarantee from Ixigo, Redbus and MakeMyTrip

Advisory

Bank holiday on June 6, 2025 and June 7, 2025: Are banks closed tomorrow in your state for Bakrid?

Advisory

5 things you’re probably doing, that are pushing away success at your job

Financial News

Advisory

Top 5 flexi-cap funds with up to 32.6% returns in 5 years, as on May 21, 2025

FinanceLane
by FinanceLane
Advisory

Holi bank holiday: Are banks open or closed today on 13 March 2025 for Holika Dahan?

FinanceLane
by FinanceLane
Blockchain News

Key Trends in Open Source Funding: Insights for Maintainers

Blockchain
by Blockchain
Advisory

Know all about recent changes made to your UPI LITE wallet

FinanceLane
by FinanceLane
Advisory

Post office vs bank FD: Highest 3-year interest rate on fixed deposit for Rs 5 lakh investment in 2025

FinanceLane
by FinanceLane
Advisory

EPF changes in 2025: New form to transfer EPF account, instant UAN activation, other announcements made by EPFO that you need to know

FinanceLane
by FinanceLane
Blockchain

Conflux (CFX) to Shut Down Bounty Platform Amid Strategic Realignment

Blockchain
by Blockchain
Advisory

Neu Plus vs. Neu Infinity: Which Tata Neu SBI Card suits your spending?

FinanceLane
by FinanceLane
Advisory

IndusInd Bank raises FD interest rates on select tenures and Kotak Mahindra Bank reduces FD rate on select tenures

FinanceLane
by FinanceLane
Blockchain

BounceBit Joins Forces with Elliptic to Bolster Blockchain Compliance and Security

Blockchain
by Blockchain
Advisory

New e-Zero FIR: Govt launches pilot project for swift action against cybercrimes; how it can help you

FinanceLane
by FinanceLane
Blockchain News

Ubisoft and Immutable (IMX) Team Up for ‘Might and Magic Fates’ Franchise Expansion

Blockchain
by Blockchain
Load More
FinanceLane.com
  • Disclaimer
  • Privacy Policy
  • Terms of use
  • Subscribe
  • Contact

Subscribe to get the latest updates

Follow us on

© 2022 FinanceLane.com. All rights reserved.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Home
  • Funding
    • Equity Funding
    • Debt Funding
    • Real Estate Funding
    • Crowdfunding
  • Investing
    • Stocks
    • Bonds
    • Mutual Funds
    • Private Equity
    • Merging & Acquisition
    • Real Estate
  • Lending
    • Personal Loan
    • Business Loan
    • Credit Card
    • Microfinance
    • Peer-to-Peer Lending
  • Insurance
    • Life Insurance
    • Auto Insurance
    • Education Insurance
    • Health Insurance
  • Banking
    • Business Banking
    • Payments Bank
    • Investment Banking
    • Individual Banking
  • Wealth
    • Earning
    • Savings
    • Investments
    • Budgeting
    • Credit Management
    • Tax Planning
    • Retirement
  • Fintech
    • Alternative Financing
    • Payments
    • Asset Management
    • Digital Banks
    • Softwares
  • Fintech
    • Alternative Financing
    • Asset Management
    • Digital Banks
    • Softwares
    • Payments
  • Crypto
    • Crypto Investing
    • Crypto Trading
    • Crypto Coins
    • Bitcoin
    • Blockchain
    • DAPP
  • Subscribe
  • Contact
  • Login

© 2022 FinanceLane - Terms and Conditions | Disclaimer | Privacy Policy

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.