Two tourists from China were allegedly forced at knifepoint to make mobile transfers of 6.8 million yuan (S$1.4 million) to a gang of men in Hong Kong's popular Mong Kok area on Monday (June 19).
The two men were accosted at a guesthouse on Mong Kok's Sai Yee Street by four men, who brandished knives and demanded that they to use their phones to transfer the money to a specified bank account, Hong Kong's Apple Daily reported.
The gang then fled, and the victims immediately called the police.
Police said they are looking for three Chinese nationals and three non-Chinese nationals.
The two victims, aged 20 and 26, had been having a meeting inside their guesthouse room with two other Chinese men to discuss a cross-border money transfer business, the South China Morning Post reported.
According to the Hong Kong Police Force website, there were 92 robberies in the first four months of last year, and 61 in the same period this year.