Fraudulent loan scheme purported to be related to HKMA's e-HKD

The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority (HKMA) has received a large number of enquiries from the public regarding a fraudulent e-HKD loan scheme purported to be related to the HKMA. It deceives the public into signing agreements and falsely claims that the loans will be converted into digital Hong Kong dollar assets. The HKMA wishes to clarify that the aforementioned fraudulent agreement and loan scheme have no connection with the HKMA. The HKMA stresses that it will not contact individual members of the public or request fund transfers regarding any personal financial matters. The HKMA reiterates that all participating firms of the e-HKD Pilot Programme and other sandbox programmes under the HKMA will not solicit funding from the public, or offer any wealth or investment products associated with these programmes. If in doubt, please visit the HKMA's official website at www.hkma.gov.hk for enquiries. The HKMA has reported the cases to the Hong Kong Police Force. Members of the public who have provided their personal information to the website or mobile application, or suspect that they have become victims of fraudulent

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