Interpol Issues Red Notice for Hong Kong Crypto Promoter Over $384k Fraud
The Fraud Allegations
Fraud, theft, and deception are the crimes he is accused of. We have HK$3 million (approximately $384,000) involved in the deception case productions. The reason for the issuance of the red notice was not made clear by Interpol but according to the South China Morning Post, an unnamed source mentioned that Wong is being investigated, in fact, some ongoing investigations by Hong Kong’s commercial crime bureau involve him. These investigations, however, are not limited to this being a major crypto fraud case.
A History of Controversy
What is a Red Notice?
Recent Similar Cases
Back in 2022, Interpol published a Red notice for Do Kwon, South Korean Terraform Labs co-founder and urged every country to detain him wherever he is found. Having gotten arrested in March 2023 in Podgorica airport with a fake passport while trying to reach Dubai, Kwon presented a living example of Interpol’s red notice system that has proven its effectiveness and prevalence worldwide.