Macau Man Scams HKD 4.68 Million, Goes Missing After Transaction

A man from Macau, in collaboration with a mainland Chinese man, invested in cryptocurrency but suffered losses. They agreed to trade 640,000 USDT for HKD 5 million. On November 6, after the buyer deposited HKD 5 million into the seller's account at a casino in Cotai, Macau, he only received 40,000 USDT. The seller left the scene under the pretext of smoking, and the remaining 600,000 USDT was never credited, involving approximately HKD 4.68 million. The Macau Judiciary Police's investigation revealed that the suspect did not have enough USDT to complete the transaction and immediately exchanged the received funds for casino chips, suspected of intentional fraud.

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