Don't Lend/Sell Your Account

Through telemarketing or social media platforms, criminal syndicates would offer the benefit of making quick money and lure you into selling or lending your accounts, or use your personal credentials to open accounts. The syndicate will then use these “stooge accounts” to receive/launder fraudulent payments or other crime proceeds.

Do not sell or lend your accounts to others as these may be abused for unlawful purposes and you may expose yourselves to the risk of committing money laundering offences of which the maximum penalty is imprisonment for 14 years and a fine of HK$5 million.

Materials from Other Organisations

The Hong Kong Association of Banks

Video - Remind those around you. Don’t fall for scammers!
Video - Remind those around you. Don’t fall for scammers!
Last revision date : 15 December 2021