25 tell police woman cheated them out of HK$167 million

2019-01-18 07:22
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The Judiciary Police (PJ) received complaints by 25 people between December 11and yesterday, all saying that a local woman surnamed Cheang had cheated them out of money by claiming to provide an investment scheme with a high rate of return, according to a PJ statement yesterday evening.

The statement said that Cheang claimed to be from a real-estate agency and told each of the victims that there was an investment scheme which could provide a high rate of return and persuaded them to put money into the scheme.

Cheang allegedly cheated the 25 victims out of a total HK$167 million, the statement said, adding that each of them lost between HK$200,000 and HK$60 million.

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