A 66-year-old woman at On Kay Court in Ngau Tau Kok reported losing HK$2.7 million in a suspected telephone scam after a man called her on Oct. 28.

She told police the caller claimed she had bought insurance online and that her account was involved in money laundering. He asked her to transfer money for an investigation. She said she sent HK$2 million and HK$700,000 to two bank accounts designated by the caller.

Suspecting she had been scammed, she reported the case at about 5am on Oct. 31. Police classified it as fraud; no one had been arrested by the time of the report.