2024 Jpex fraud - Three suspects have been released on bail after being questioned in an alleged fraud case involving international cryptocurrency trading platform JPEX, the Taipei District Prosecutors’ Office said on Thursday. The main suspect, JPEX Taiwan’s chief partner who was only identified by his surname, Chang (張), was released on NT$1.5 …Web

 
Hong Kong’s financial regulator will publish a list of suspicious crypto firms as it steps up efforts to rein in renegade operators in the wake of an alleged fraud at JPEX. The Securities and .... Jpex fraud

9 Nov 2023 ... Prosecutors in Taiwan have questioned four people over suspected fraud at a cryptocurrency exchange. ScamsCryptocurrency. Up Next. 00:00:50.Hong Kong virtual insurer OneDegree partnered with cryptocurrency exchange Hong Kong Digital Asset Exchange (HKbitEX) to offer insurance for cryptocurrencies, according to a report by South China Morning Post (SCMP). OneDegree aims to promote the wider use of insurance technology. It will offer HKbitEX up to $100 …WebThe scandal surrounding Hong Kong’s biggest alleged case of financial fraud, involving assets worth more than HK$1.5 billion (US$191 million), emerged last month after the city’s securities ...Nov 9, 2023 · JPEX is an unlicensed virtual asset platform that has allegedly caused around HK$1.2 billion (US$154 million) in losses to over 1,600 investors, marking it the largest fraud case in Hong Kong’s ... (Bloomberg) -- Cryptocurrency platform JPEX shut down some trading during an ongoing investigation by the Hong Kong police.Most Read from BloombergEx-Goldman Bankers Make a Fortune With ...Sep 19, 2023 · Hong Kong police arrested eight people in connection with a suspected $152 million fraud at beleaguered crypto exchange JPEX. The police have received 1,641 complaints from people who are unable ... JPEX scandal causes Hong Kong to lose trust in crypto, survey finds. By Suzuki Shillsalot 4 weeks ago. Altcoin. Scammers in Hong Kong rob Binance users of more than $447k in cryptos. By Aniket ... Hong Kong establishes crypto task force amid JPEX scandal. By Suzuki Shillsalot 1 month ago. News. JPEX fraud: Hong Kong authorities …WebThe scandal surrounding Hong Kong’s biggest alleged case of financial fraud, involving assets worth more than HK$1.5 billion (US$191 million), emerged last month after the city’s securities ...As JPEX has been uncooperative and unable to substantively respond to the SFC's requisitions, the SFC subsequently placed JPEX on the SFC's Alert List in July 2022 (Note 2). ... Subsequent information obtained has led to suspicion of fraud and the SFC has referred the matter to the Police. As investigations are ongoing, the SFC cannot make …Sep 19, 2023 · Eight people – four men and four women aged 22 to 52 – were arrested on Monday over allegations of conspiracy to defraud linked to crypto exchange JPEX, police said in a joint press conference ... JPEX Fraud Case Scared Hong Kong Officials! Regulations Are Coming to Stablecoins! Hong Kong authorities warned users, emphasizing the need for regulation following the JPEX fraud case.WebHong Kong’s growing scandal involving cryptocurrency exchange JPEX serves as an opportunity for residents to learn more about fintech and improve their vigilance over unlicensed platforms ...The JPEX fraud saga began last week when the SFC revealed it had received 1,400 complaints against the exchange regarding fraud, withdrawal freezes and declining wallet balances. 10203 Total views ...Sep 19, 2023 · The JPEX fraud saga began last week when the SFC revealed it had received 1,400 complaints against the exchange regarding fraud, withdrawal freezes and declining wallet balances. 10203 Total views ... Taipei, Nov. 10 (CNA) Three suspects have been released on bail after being questioned in an alleged fraud case involving the international cryptocurrency trading platform JPEX, according to the Taipei District Prosecutors Office on Thursday. The main suspect, JPEX Taiwan’s chief partner who was only identified by his last name Chang ( …Web2 Aug 2022 ... Airdrop (Gift) Scam. Fraud method: Fraudsters will impersonate the social account of a well-known platform or product, and then make up a ...Over 1 in 3 seniors suffer from financial abuse. Here's how to protect yourself from financial scams and frauds. By clicking "TRY IT", I agree to receive newsletters and promotions from Money and its partners. I agree to Money's Terms of Us...In a press release dated February, JPEX said it had "$2 billion in global assets and technology under its management" and had spent more than $5 million on promoting its services in Hong Kong.Last Thursday, police arrested six more suspects, bringing to 26 the number of people detained in connection with the JPEX investigation that now shows HK$1.55 billion in losses linked to more ...WebSep 27, 2023 · Hong Kong’s security minister vowed to hunt down the ringleaders of cryptocurrency platform JPEX at the centre of the city’s largest alleged financial fraud as police arrested three more ... JPEX snares 1,641 investors with HK$1.2 billion of funds in Hong Kong’s largest fraud case in history Police received complaints from 1,641 investors as of …In a press release dated February, JPEX said it had "$2 billion in global assets and technology under its management" and had spent more than $5 million on promoting its services in Hong Kong. su/mtpAfter the Hong Kong-based JPEX exchange limited withdrawals amidst what appeared to be an impending collapse of the platform, things are now looking a lot more like fraud.Police have received more than 2,200 complaints pertaining to the exchange, involving $191 million (and counting) in possible losses. Eleven people, including various …WebAccording to the authorities, the JPEX scandal has become one of the largest fraud cases in Hong Kong, garnering over 2,300 complaints from victims and losses of around $178 million. Hong Kong’s ...Hong Kong regulators are looking to tighten the noose around the crypto market after the arrest of six individuals following allegations of fraud around an …22 Sept 2023 ... JPEX crypto fraud casts shadow over Hong Kong nascent policy. Hong ... "We never thought it would be a scam." The scandal surrounding JPEX has ...According to the authorities, the JPEX scandal has become one of the largest fraud cases in Hong Kong, garnering over 2,300 complaints from victims and losses of around $178 million. Hong Kong’s ...The JPEX scandal, which is suspected to have ensnared at least 2,305 victims involving about HK$1.43 billion (US$182 million) of investments, has dealt a heavy blow to public trust in ...The JPEX Scandal: An Overview. Hong Kong’s financial authorities are currently probing allegations of massive fraud against JPEX, a cryptocurrency trading platform. The investigation was instigated following investor complaints regarding losses that total up to HK$1.3bn ($166m; £134m). Eleven individuals, including several prominent ...The JPEX scandal has grown to become one of the largest fraud cases in the country, with over 2,300 victims and losses estimated at over $175 million. 5324 Total views 16 Total sharesAs many as 78 percent of consumers have a credit card, according to the CreditCards.com website. Although credit cards can be valuable when properly used, some card holders will face credit card debt they cannot pay. Occasionally, this debt...Hong Kong police are investigating allegations of fraud against cryptocurrency trading platform JPEX after investors complained of HK$1.3bn ($166m; £134m) in losses. Eleven people, including ...Oct 4, 2023 · The scandal surrounding Hong Kong’s biggest alleged case of financial fraud, involving assets worth more than HK$1.5 billion (US$191 million), emerged last month after the city’s securities ... Hong Kong police have arrested 30 more people in connection with an alleged fraud scandal surrounding crypto exchange platform JPEX. So far, 2,623 people have come forward as victims in the case ...The Taipei District Prosecutors Office (TDPO) requested Chang Tung-ying, the chief partner at JPEX’s office in Taiwan, be held in custody over alleged fraud, the local TV channel TVBS News ...Sep 19, 2023 · Eight people – four men and four women aged 22 to 52 – were arrested on Monday over allegations of conspiracy to defraud linked to crypto exchange JPEX, police said in a joint press conference ... On Sept. 21, local news outlets reported that Hong Kong police had arrested 11 individuals linked to troubled cryptocurrency exchange JPEX on charges of fraud and operating an unlicensed virtual ...JPEX Appears To Be a $178 Million Fraud (web3isgoinggreat.com) 45. Web3 is Going Great reports: After the Hong Kong-based JPEX exchange limited withdrawals amidst what appeared to be an impending collapse of the platform, things are now looking a lot more like fraud. Police have received more than 2,200 complaints pertaining to the exchange ...Months later, JPEX’s name is prominent for a different reason: Hong Kong police have opened an investigation into alleged fraud and arrested JPEX staff, while the city’s regulator, the ...Hong Kong police have made three new arrests in the alleged fraud case linked to crypto exchange platform JPEX, as the number of reported victims rose to 2,407 with losses totalling almost HK$1.5 ...Hong Kong police arrested four more people in the investigation of a suspected HK$1.5 billion ($157 million) fraud at crypto exchange JPEX. The arrests were of people ”relatively close to the ...JPEX (JPEX Crypto Platform) hereby reminds novice investors how to prevent fraud and be vigilant in the crypto market to avoid the loss of funds. Skip to content. Home; ... Fraud method: Fraudsters will lurk in major social media (Whatapps, Facebook, Telegram and instagram, etc.), and they will take the initiative to privately message …The recent JPEX scam has sent shock waves through Hong Kong’s cryptocurrency landscape, raising questions about the regulatory framework for the sector and leaving us questioning the city’s ...Join Our Telegram channel to stay up to date on breaking news coverage. Hong Kong police arrested eight people in connection with a suspected $152 million fraud at beleaguered crypto exchange JPEX ...Elizabeth Anne Holmes is the tech superstar that almost was. Her public profile and the value of her health technology company, Theranos, skyrocketed based on the promise of breakthrough technology capable of evaluating a single drop of blo...The Taipei District Prosecutors Office requested JPEX Taiwan’s chief partner, Chang Tung-ying, to be held in custody over an alleged fraud case related to the …Sep 21, 2023 · 9月13日,證監會點名警告jpex以及「向香港公眾積極推廣jpex的人士和找換店」涉及至少六項可疑經營手法。翌日,jpex宣稱因應證監會聲明而須調整 ... Hong Kong’s trust in crypto assets plunges after JPEX scandal, survey finds ... There were early red flags over cryptocurrency platform at the centre of HK$1.5 billion fraud scandal, says YouTuber.On Sept. 13, during the Token2049 conference in Singapore, the JPEX team allegedly abandoned its corporate booth after Hong Kong police arrested six JPEX employees on charges of fraud for ...Hong Kong is amidst a crypto controversy due to the arrest of influencers linked to the JPEX fraud case. The $128 million case is raising doubts about Hong Kong’s new digital asset regime. Hong Kong’s Chief Executive, John Lee, has announced stricter regulatory laws. The rising crypto hub in Hong Kong has been impacted by a massive …The JPEX event – possibly the largest financial fraud in the city’s history – and the high costs of the licensing process have cast doubt on the financial centre’s ability to attract big ...TLDR. The Hong Kong government remains committed to its Web3 vision despite the recent $165 million scandal involving the crypto exchange JPEX. Following allegations of fraud by over 2,500 Hong Kong residents against JPEX, the Securities and Futures Commission (SFC) is updating its crypto regulations and has initiated efforts with …Hong Kong police have arrested 30 more people in connection with an alleged fraud scandal surrounding crypto exchange platform JPEX. So far, 2,623 people have come forward as victims in the case ...Taipei, Nov. 10 (CNA) Three suspects have been released on bail after being questioned in an alleged fraud case involving the international cryptocurrency trading platform JPEX, according to the Taipei District Prosecutors Office on Thursday. The main suspect, JPEX Taiwan’s chief partner who was only identified by his last name Chang ( …WebThe Taipei District Prosecutors Office has detained two individuals connected to the crypto exchange JPEX in relation to an investigation into potential fraud. According to local reports , Chang Tung-Ying, the lead partner at the Taiwan branch of the embattled crypto exchange, and Shi Yu, an academic linked to JPEX, have been arrested on …Sep 20, 2023 · Police reportedly told press they had received 1,480 fraud complaints against JPEX, and the related investigation so far totalled around a billion Hong Kong dollars ($128 million). Stoner Cats NFT project declawed for being an unregistered security; Hong Kong wants to be the world's home for virtual assets Hong Kong police are investigating allegations of fraud against cryptocurrency trading platform JPEX after investors complained of HK$1.3bn ($166m; £134m) in losses. Eleven …Hong Kong police are investigating allegations of fraud against cryptocurrency trading platform JPEX after investors complained of HK$1.3bn ($166m; £134m) in losses.JPEX, once a prominent cryptocurrency exchange in Hong Kong, quietly conducted its operations without a license in Hong Kong’s financial hub. This massive crypto scandal has escalated to HK$1.2 ...Hong Kong police said today that it arrested eight people for their connections in an alleged JPEX fraud — and may arrest more as probes continue. Hong Kong police have arrested eight people on suspicion of conspiracy to defraud related to cryptocurrency exchange JPEX, the police said in a press briefing today.WebJPEX Appears To Be a $178 Million Fraud (web3isgoinggreat.com) 45. Web3 is Going Great reports: After the Hong Kong-based JPEX exchange limited withdrawals amidst what appeared to be an impending collapse of the platform, things are now looking a lot more like fraud. Police have received more than 2,200 complaints pertaining to the exchange ...The controversy surrounding JPEX has taken a new turn as Taiwanese prosecutors identify fresh suspects in the ongoing investigation. ... The SFC is launching a public campaign to educate individuals on safeguarding against fraud, signaling a commitment to investigating and prosecuting illegal platforms while intensifying …The Taipei District Prosecutors Office has detained two individuals connected to the crypto exchange JPEX in relation to an investigation into potential fraud. According to local reports , Chang Tung-Ying, the lead partner at the Taiwan branch of the embattled crypto exchange, and Shi Yu, an academic linked to JPEX, have been arrested on ...In Brief Hong Kong Police arrest six individuals linked to JPEX, a cryptocurrency exchange that recently halted transactions. The local authorities have …4 Oct 2023 ... JPEX Cryptocurrency Scam Unravels Further with Arrests in Hong Kong and Macao ... This unfolding saga, now Hong Kong's largest fraud case, has ...Nov 9, 2023 · JPEX is an unlicensed virtual asset platform that has allegedly caused around HK$1.2 billion (US$154 million) in losses to over 1,600 investors, marking it the largest fraud case in Hong Kong’s ... 21 Sept 2023 ... ... fraud. T. ... Number of scam victims on Hong Kong's JPEX crypto exchange exceeds 2,000. Number of scam ...Chip-enabled cards make it harder to steal your identity. But that's not stopping online fraud. Here are two scams to watch for. By clicking "TRY IT", I agree to receive newsletters and promotions from Money and its partners. I agree to Mon...Effective communication is the backbone of growth in any community, organization, or relationship. Here are some key principles to foster growth through communication:WebHong Kong is assessing whether to allow exchange-traded funds that invest directly in crypto as officials step up efforts to create an Asia-Pacific digital-asset hub while tackling the fallout of ...WebOct 7, 2022 · JPEX Alerts Customers of “Pig Butchering” Crypto Scam Which Has Taken Millions from Victims Posted on October 7, 2022 October 8, 2022 by M. Christine Scams have become the easiest way for cybercriminals to steal millions of dollars from unsuspecting victims online due to the complexity of hacking. Nov 10, 2023 · JPEX, once a prominent cryptocurrency exchange in Hong Kong, quietly conducted its operations without a license in Hong Kong’s financial hub. This massive crypto scandal has escalated to HK$1.2 ... Taipei, Nov. 10 (CNA) Three suspects have been released on bail after being questioned in an alleged fraud case involving the international cryptocurrency trading platform JPEX, according to the Taipei District Prosecutors Office on Thursday. The main suspect, JPEX Taiwan’s chief partner who was only identified by his last name Chang ( …WebThe alleged case of financial fraud involving HK$1.37 billion is the largest of its kind in Hong Kong’s history. Hong Kong JPEX investors ‘forced to accept’ dividend plan hoping to lure more ...TLDR. The Hong Kong government remains committed to its Web3 vision despite the recent $165 million scandal involving the crypto exchange JPEX. Following allegations of fraud by over 2,500 Hong Kong residents against JPEX, the Securities and Futures Commission (SFC) is updating its crypto regulations and has initiated efforts with …Hong Kong investigates popular crypto firm for fraud. About 2,000 investors lost money on the JPEX platform which was advertised on Hong Kong's metro. 22 Sep 2023. …An earlier report said that authorities had received 1,408 complaints concerning fraud on the part of JPEX. Sponsored Sponsored. But the Hong Kong Free Press divulges that the number of victims now stands at 2,086. And that the total amount lost to JPEX’s unlicensed activities is HK$1.3 billion.Jpex fraud

A social media influencer was arrested on Monday as part of an investigation into suspected fraud involving the cryptocurrency exchange JPEX. Lam Chok, a former lawyer, was taken away from his .... Jpex fraud

jpex fraud

JPEX, an unlicensed crypto exchange platform, is at the centre of a major alleged fraud case after the Securities and Futures Commission (SFC) issued a warning about its suspicious activities. This triggered an investigation by the Commercial Crime Bureau, leading to multiple arrests of JPEX promoters. The latest reports indicate that a …The masterminds behind Hong Kong’s JPEX alleged crypto exchange scandal — referred to by some as the largest financial fraud to ever hit the city — have …The Chase Bank fraud department is a division of the bank that actively monitors deposit and credit accounts for suspicious activity. The department also responds to reports of suspicious activity from customers.Four men and two women have been arrested on suspicion of conspiracy to commit fraud linked to the unlicensed cryptocurrency exchange platform JPEX, after Hong Kong police received reports from ...Sep 19, 2023 · Hong Kong police arrested eight people in connection with a suspected $152 million fraud at beleaguered crypto exchange JPEX. The police have received 1,641 complaints from people who are unable ... Hong Kong police have made three new arrests in the alleged fraud case linked to crypto exchange platform JPEX, as the number of reported victims rose to 2,407 with losses totalling almost HK$1.5 ...Hong Kong police arrested four more people in the investigation of a suspected HK$1.5 billion ($157 million) fraud at crypto exchange JPEX. The arrests were of people ”relatively close to the ...After the Hong Kong-based JPEX exchange limited withdrawals amidst what appeared to be an impending collapse of the platform, things are now looking a lot more like fraud.Police have received more than 2,200 complaints pertaining to the exchange, involving $191 million (and counting) in possible losses. Eleven people, including various …Four More Arrested In JPEX Fraud Scandal, One Had Shredded And Bleached Documents In a Bath. Hong Kong police arrested four more people in the investigation of a suspected HK$1.5 billion ($157 million) fraud at crypto exchange JPEX. The arrests were of people ”relatively close to the core,...WebThe number of alleged fraud victims linked to crypto exchange platform JPEX has risen to 2,086, as three more people are arrested. The case, which involves …Hong Kong’s financial regulator will publish a list of suspicious crypto firms as it steps up efforts to rein in renegade operators in the wake of an alleged fraud at JPEX. The Securities and ...Lawmakers have called on the SFC and law enforcement agencies to act swiftly in the JPEX fallout to reassure investors. ... US$182 million) in assets, making it the largest alleged fraud of its ...WebThe Securities and Futures Commission said JPEX is misleading investors about being licenced in Hong Kong and accused the exchange of having ‘suspicious features’. ... virtual asset fraud can ...The alleged HK$1.3 billion (US$166 million) fraud centred on the JPEX cryptocurrency platform has underscored the importance of a regulatory framework for virtual assets, Hong Kong’s leader has...In a press release dated February, JPEX said it had "$2 billion in global assets and technology under its management" and had spent more than $5 million on promoting its services in Hong Kong. su/mtp29 Sept 2023 ... Authorities in Hong Kong and Macau have recently revealed arrests connected to the JPEX crypto exchange fraud case and highlighted that they ...jpex案是一宗主要於香港發生的層壓式 金融騙局 。 綠石數字資產平台(英語: jpex )自稱是一個成立於2020年、「面向全球」的數字資產加密交易平台,但其於2023年9月被香港證監會點名發表聲明指出多個可疑之處 ,其後有用戶報稱未能從平台提款並報警求助,香港警務處於2023年9月起發起「鐵關行 ... The Hong Kong Securities and Futures Commission (SFC) played a pivotal role in uncovering the fraudulent activities of JPEX. On September 13, 2023, the SFC took the unprecedented step of issuing a public warning against JPEX. This warning explicitly highlighted JPEX’s unlicensed status for cryptocurrency trading activities in Hong Kong.Hong Kong is amidst a crypto controversy due to the arrest of influencers linked to the JPEX fraud case. The $128 million case is raising doubts about Hong Kong’s new digital asset regime. Hong Kong’s Chief Executive, John Lee, has announced stricter regulatory laws. The rising crypto hub in Hong Kong has been impacted by a massive …HONG KONG -- Hong Kong police have arrested six people in connection with suspected cryptocurrency fraud involving at least 1 billion Hong Kong dollars …Brand Ambassador’s Involvement. Hong Kong actor Julian Cheung Chi-lam has found himself in the midst of the JPEX fraud investigation, a scandal that has rocked the digital asset trading world. Serving as the brand ambassador for the beleaguered platform, Cheung was requested to assist in the criminal inquiry by the relevant authorities.JPEX is a VATP operating at the website of jp-ex.io, which has been placed on the SFC's Alert List since 8 July 2022. While JPEX is registered as a business or entity with certain overseas regulators, these registrations do not constitute approval or licences to allow virtual asset trading services to be legally provided in those jurisdictions.21 Sept 2023 ... Number of investors/victims exceeded 2000 in JPEX scam case. #ofwinhongkong #FDW #Balita #HongKongDailyNews For more update information, ...JPEX, whose domain had been placed on the SFC’s Alert List in July 2022, had also issued fraudulent statements implying partnerships with local companies. JPEX offered customers annual returns of up to 21% via the exchange’s ‘savings products,’ which enticed customers to purchase and store various tokens with JPEX.Hong Kong police arrested four more people in the investigation of a suspected HK$1.5 billion ($157 million) fraud at crypto exchange JPEX. The arrests were of people ”relatively close to the ...18 Sept 2023 ... A social media influencer was arrested on Monday as part of an investigation into suspected fraud involving the cryptocurrency exchange JPEX ...Hong Kong police arrested four more people in the investigation of a suspected HK$1.5 billion ($157 million) fraud at crypto exchange JPEX. The arrests were of people ”relatively close to the ...JPEX, once a prominent cryptocurrency exchange in Hong Kong, quietly conducted its operations without a license in Hong Kong’s financial hub. This massive crypto scandal has escalated to HK$1.2 ...1 Oct 2023 ... ... JPEX scam which is currently shaking the industry in Hong Kong! Nothing ... JPEX crypto fraud in Hong Kong! [Current Mini@JCTIC Sept 28 2023].Three suspects have been released on bail after being questioned in an alleged fraud case involving international cryptocurrency trading platform JPEX, the Taipei District Prosecutors’ Office said on Thursday. The main suspect, JPEX Taiwan’s chief partner who was only identified by his surname, Chang (張), was released on NT$1.5 …WebSep 18, 2023 · (Bloomberg) -- Cryptocurrency platform JPEX shut down some trading during an ongoing investigation by the Hong Kong police.Most Read from BloombergEx-Goldman Bankers Make a Fortune With ... Hong Kong's leader says the territory will scrutinize the regulation of digital assets after police arrested eight people over allegations of fraud at an unlicensed cryptocurrency exchange that ...The Hong Kong Securities and Futures Commission (SFC) played a pivotal role in uncovering the fraudulent activities of JPEX. On September 13, 2023, the SFC took the unprecedented step of issuing a public warning against JPEX. This warning explicitly highlighted JPEX’s unlicensed status for cryptocurrency trading activities in Hong Kong.At press time, 20 people have been arrested in connection to this fraud case involving over HK$1.5bil (RM904.8mil) in assets.Last month, Malaysian-born TVB star Jacquelin Ch’ng and Hong Kong actor Julian Cheung were questioned by authorities for their alleged connection with JPEX.The probe into JPEX’s alleged fraud began after the …WebThe fraud impacted more than 1,600 investors and over $150 million in assets. Those arrested include social media influencers who promoted the JPEX cryptocurrency exchange, as well as employees of JPEX. “This incident highlights the importance that when investors want to invest in virtual assets, then they must invest on platforms that are licensed. The …WebThe Taipei District Prosecutors Office today detained two people responsible for JPEX’s operations on suspicion of fraud. Chang Tung-Ying, the chief partner of the troubled crypto exchange’s Taiwan Office, and Shi Yu, a lecturer affiliated with JPEX, have been taken into custody for alleged violations of relevant banking and anti-money …Eight people have been arrested on charges of conspiracy to defraud linked to cryptocurrency trading platform JPEX involving HK$1.2 billion in losses.Sep 18, 2023 · Four men and two women have been arrested, after Hong Kong police received over 1,400 calls complaining of fraud at JPEX. Hong Kong police reportedly arrested Lam, also known as "jolamchok" on ... Hong Kong's leader says the territory will scrutinize the regulation of digital assets after police arrested eight people over allegations of fraud at an unlicensed cryptocurrency exchange that ...The ringleaders of Hong Kong’s largest alleged financial fraud are believed to be on the run, while the 11 suspects questioned by local police so far are unlikely to be key players in the ...The scandal surrounding JPEX has so far seen 11 arrests of company staff and affiliated influencers this week for “conspiracy to defraud”, with victims’ losses exceeding $175 million.The Taipei District Prosecutors Office has detained two individuals connected to the crypto exchange JPEX in relation to an investigation into potential fraud. According to local reports , Chang Tung-Ying, the lead partner at the Taiwan branch of the embattled crypto exchange, and Shi Yu, an academic linked to JPEX, have been arrested on ...JPEX claims reach HK$1.2 billion in Hong Kong’s biggest-ever fraud case An MTR spokesman on Tuesday night said a JPEX ad that appeared in a Facebook post had referenced an ad placed at Hong Kong ...Sep 21, 2023 · The number of alleged fraud victims linked to crypto exchange platform JPEX has risen to 2,086, as three more people are arrested.. The case, which involves around HK$1.3 billion in losses, is ... Hong Kong police are investigating allegations of fraud against cryptocurrency trading platform JPEX after investors complained of HK$1.3bn ($166m; £134m) in losses. Eleven people, including popular influencers, were arrested this week after complaints filed by 2,000 people. The case could be one of Hong Kong's biggest fraud cases, local media ...1 Oct 2023 ... I received a tip last week that JPEX - the Hong Kong-based exchange under investigation by police for fraud - had an Australian link.Phone thieves are up to new tricks. HowStuffWorks takes a look. Advertisement When people talk about phone scams, it's often the variety of fraud that can occur through cold calls to a person's home or mobile device. Like when scammers leav...The scandal surrounding Hong Kong’s biggest alleged case of financial fraud, involving assets worth more than HK$1.5 billion (US$191 million), emerged last month after the city’s securities ...The impact of the JPEX fraud is expected to spread over the coming months, with each jurisdiction affected differently. The beneficial owners of the platform are believed to be in Dubai and are ...Web22 Sept 2023 ... ... JPEX crypto fraud casts shadow over Hong Kong's nascent policy. Over ... JPEX scandal has resulted in 11 arrests due to 'conspiracy to defraud .... Best rated wealth management firms