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Mandatory Provident Fund (MPF)
VideoLaw and Crime

Hongkongers urged to sign up for eMPF platform as defence against scams

The advice comes with a warning about the recent theft of HK$1.8 million from three MPF accounts by scammers using high-quality ID forgeries.

Yohji LamandOscar Liu
Read more: https://sc.mp/b7021f

Cybersecurity experts are urging Hongkongers to register for the city’s new eMPF platform after scammers stole HK$1.8 million (US$230,000) from three Mandatory Provident Fund (MPF) accounts. Posing as the pension fund holders, the fraudsters used high-quality ID forgeries to trick an “electronic Know-Your-Customer” or eKYC verification process.

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