Last Updated on by SCARS Editorial Team

SCARSSCARS SCARS - Society of Citizens Against Relationship Scams Inc. A government registered crime victims' assistance & crime prevention nonprofit organization based in Miami, Florida, U.S.A. SCARS supports the victims of scams worldwide and through its partners in more than 60 countries around the world. Incorporated in 2015, its team has 30 years of continuous experience educating and supporting scam victims. Visit www.AgainstScams.org to learn more about SCARS.SCAMScam A Scam is a confidence trick - a crime -  is an attempt to defraud a person or group after first gaining their trust through deception. Scams or confidence tricks exploit victims using their credulity, naïveté, compassion, vanity, irresponsibility, or greed and exploiting that. Researchers have defined confidence tricks as "a distinctive species of fraudulent conduct ... intending to further voluntary exchanges that are not mutually beneficial", as they "benefit con operators ('con men' - criminals) at the expense of their victims (the 'marks')". A scam is a crime even if no money was lost. NEWS: Man Just Arrested In Hong Kong Over Us$180,000 Email Scam In 2016

The 29-year-old was picked up on a Choi Hung public housing estate.

Scam email purported to be from the company’s CEO – BEC style scam.

The 29-year-old was picked up in a public housing flat on Choi Wan Estate, Choi Hung, at about 8.15am.

In October 2016, an employee at the defrauded company received an email from a scammerScammer A Scammer or Fraudster is someone that engages in deception to obtain money or achieve another objective. They are criminals that attempt to deceive a victim into sending more or performing some other activity that benefits the scammer. pretending to be from a partner company, asking for money, according to police.

“As instructed, the company transferred US$180,000 into a local bank account,” police said.

The victim realized it was a scam when he contacted the partner company in question.

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SCARS the Society of Citizens Against Relationship Scams Incorporated