Hong Kong police vow to make arrests after virtual asset trading platform Hounax allegedly defrauded 131 people out of nearly HK$120 million

Hong Kong police vow to make arrests after virtual asset trading platform Hounax allegedly defrauded 131 people out of nearly HK$120 million

Hong Kong police launched an investigation on Saturday after more than 130 people claimed a virtual asset exchange platform called Hounax had defrauded them of nearly HK$120 million (US$15.4 million), and the force vowed to make arrests soon. The Securities and Futures Commission (SFC) listed Hounax as a suspicious virtual asset trading company earlier this … Read more

Stock trading company: Stock trading company duped 11 investors of DKK 4.5 million. Rs. | Latest news | Pune news

Stock trading company: Stock trading company duped 11 investors of DKK 4.5 million.  Rs.  |  Latest news |  Pune news

PUNE: At least 11 investors were duped of Rs4.5 crore from December 2021 till date by a Warje-based stock trading company – the third financial fraud of its kind in the city in the last fortnight.The Pune police have arrested the company’s owner and stockbroker, Niranjan Shah (42). But they have yet to arrest the … Read more