HK SFC Warns of Scams Posing as CEO Texts to Public

Hong Kong's leading financial regulator, the Securities and Futures Commission (SFC), has issued an urgent public warning concerning bogus text messages purportedly received by the SFC's CEO, Ms. Julia Leung.

The notice was issued when a person reported getting questionable WhatsApp messages, purportedly from Ms. Leung, offering financial advice. The SFC has determined that these emails are part of a scam and has contacted the authorities about the fraudulent behavior.

The SFC underscores the gravity of these impostor schemes, which often employ instant messaging and social media platforms to target unwary people. These scammers, acting as SFC officials, may attempt to deceive consumers into donating money or giving personal information.

To avoid such frauds, the SFC recommends the public to be extra cautious and to confirm the validity of any suspicious correspondence. They highly advise against sending personal information or money in response to inquiries supposedly made by SFC workers.

If there is any doubt or concern about the validity of any message purporting to be from the SFC, persons should contact the SFC immediately for verification. The official contact for such questions is the SFC's email address, enquiry@sfc.hk.

This warning is part of the Hong Kong regulatory body's larger endeavor to prevent financial crime and safeguard the public from misleading schemes.

The SFC is dedicated to preserving the integrity of Hong Kong's financial markets and protecting its people's assets.

As internet frauds grow more complex, the SFC's advisory serves as an important reminder to the public to exercise caution and report any suspicious activity to authorities. This proactive strategy is critical for avoiding possible financial losses and protecting personal information in the digital era.

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