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Hong Kong Entrepreneur Accused of Cheating Investors in Crypto Mining Investment Scheme

Published 2019-01-07, 08:32 a/m
Hong Kong Entrepreneur Accused of Cheating Investors in Crypto Mining Investment Scheme

A Hong Kong-based entrepreneur has been accused of duping numerous investors in a cryptocurrency mining hardware investment scheme. A local English-language newspaper South China Morning Post (SCMP) reported the news Jan. 6.

The Democratic Party — currently the second-largest political party in the Legislative Council of Hong Kong — has reportedly received over 20 complaints since October 2018 in regard to the scheme, allegedly spearheaded by a 24-year old businessman named Wong Ching-kit.

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