Recently, a Facebook page pretended to be a closed public bookstore, claiming that a small number of financial stock books remained in the store after the closure, intending to give them away to the public for free. The message of the post was accompanied by a link to the Whatsapp investment group, inviting members of the public to join, claiming to be used to count the number of people who received the free books.

However, the honorary president of the Hong Kong Information Technology Association, Fong Po Kiu, cautioned that fraudsters use news images from time to time to increase their credibility. He added that when entering the Whatsapp group, people usually share investment information and then sing high bulk for some stocks. He said that similar scams are endless, and it is difficult for social platform companies to judge the authenticity of posts.

The company closed its doors in March 2020, and the suspected fake Facebook page of the popular book only had about 3 followers, and advertised on Facebook, claiming that after the completion of the store three years ago, most of the books were sent to the headquarters, and there are still a small number of financial ticket books that will be sent to the public. The post said that books can be mailed free of charge, but the number is limited while stocks last, and the public is invited to enter the Whatsapp group to facilitate librarians to count the number of recipients.

The Whatsapp group, called "Focus Finance - Golden Hand F18", claims that there are professional financial analysts to solve financial problems, but does not mention the popular bookstore. As the reporter saw this afternoon, there were about 120 people in the group.

Fong Po Kiau, Honorary President of Hong Kong Information Technology Association. (Profile photo/Photo by Xia Jialang)

Fang Baoqiao said that in recent years, there have been similar scams from time to time, sometimes using news pictures to increase credibility, and even placing advertisements. He added that once entered the same group to understand the situation, there would usually be people to share investment information, at the beginning would introduce common stocks, but then would introduce some unfamiliar stocks to achieve the effect of singing high bulk goods, if accidentally misbelieved, investors will incur losses. Fang Baoqiao pointed out that it is difficult to put an end to similar scams, and social platforms cannot distinguish the authenticity of posts, so they can only rely on netizens to report them one by one.

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