Hong Kong Monetary Authority reminds institutions to be wary of claims to recover fraud losses

The Hong Kong Monetary Authority has recently received inquiries from the public regarding three institutions claiming to be able to assist in recovering fraud losses. These institutions include Dex Law Firm LLP, Morgan Bell Law Firm LLP (Morgan Bell Law Firm) and Watson.

The Hong Kong Monetary Authority reminds members of the public to be wary of advice from these institutions as they may not be legitimate institutions and may be part of a fraud syndicate. Citizens should be cautious about any agency claiming to recover fraud losses to avoid being further deceived.

The Hong Kong Monetary Authority calls on the public to pay attention to the following points:

• Ensure the legitimacy of the organization and verify its registration information and license
• Be wary of any agency asking for payment of fees in advance
• Do not easily disclose sensitive personal information to organizations from unknown sources

The Hong Kong Monetary Authority said that if members of the public have any suspicions or questions, they should contact them immediately to ensure that their rights and interests are not harmed. They will do their best to provide assistance and support to help members of the public avoid becoming victims of fraud syndicates.

The Hong Kong Monetary Authority reminds members of the public to stay vigilant, stay away from fraudulent institutions, and protect their financial security.

Citizens should always be vigilant and not trust the promises of unfamiliar organizations to avoid irreparable losses. The Hong Kong Monetary Authority will continue to strengthen its crackdown on fraud syndicates to protect the rights and financial security of citizens.