Hong Kong police have reported over 80 online investment scams in the past week, resulting in losses exceeding HKD 80 million. Among the victims, a woman was deceived by a fraudster posing as an "investment expert," who claimed that "quantitative trading" and "AI algorithms" could guarantee stable returns. She transferred approximately HKD 7.7 million worth of USDT and ETH in 17 transactions to a specified wallet, only to realize she had been scammed when she couldn't withdraw her funds. Authorities caution the public against believing in promises of "high returns, low risk, and low entry barriers," which are typical characteristics of scams, and advise verifying the authenticity of investment platforms before engaging.