Investment scams in Hong Kong surged 55% in first quarter with losses of HK$900 million, police chief saysThe number of deception cases in Hong Kong rose 0.9 per cent in the first three months year on year but investment-linked scams jumped 55.2 per cent, resulting in losses of more than HK$900 million (US$115 million), the police chief said on Saturday.Commissioner of Police Raymond Siu revealed that all but investment scams had declined in the January to March period, and warned residents against falling for illicit high-return, low-risk schemes promoted on social media.He urged residents to download the force’s anti-fraud Scameter...