Bogus HK Electric Employees Defraud Investors in “State Grid Green Waste”

2025-05-06

Defrauding Tricks

Posing as employees of The Hongkong Electric Company, Limited (HK Electric), some scammers approached members of the public via social platforms such as WeChat, luring them into registering accounts on a fraudulent State Grid Corporation of China (State Grid) website and transferring funds into designated bank accounts to invest in a so-called “green waste” project. In such scams, the scammers fabricated profit-making records of the trading platform to entice victims to invest more funds. However, when the victims tried to withdraw their money, so-called customer service staff would delay the payments using various excuses and even demand hefty handling fees. In the end, the victims failed to get back their money.

 

Our Advice

• The official websites of HK Electric and State Grid are www.hkelectric.com and www.sgcc.com.cn/html/sgcc_main_en/gb/index.shtml respectively. Do not trust other websites;

• HK Electric and State Grid will not promote any investment projects related to the buying and selling of “green waste”;

• Do not hastily trust the identities of strangers. You should always seek verification from relevant organisations;

• You are advised to make investment through registered investment institutions. You may check out the public register of licensed persons and registered institutions on the web page of the Securities and Futures Commission;

• Do not hastily click on hyperlinks, download mobile applications, log on to any suspicious websites or download any attachments;

• You may enter suspicious phone numbers, URLs or transferees’ account numbers on “Scameter” of CyberDefender or “Scameter+”, the mobile application of “Scameter”, for security check in addition to seeking verification from relevant organisations;

• If in doubt, please call the “Anti-Scam Helpline 18222” for enquiries.