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Hong Kong has logged fewer phone scam cases in the first quarter of 2024 but losses soared to HK$789 million, with mainland Chinese students in the city being increasingly targeted by swindlers, police have said. The force said they recorded 474 phone scam cases in the first three months of this year – a 21 per cent drop year-on-year, according to local media reports on Monday. But losses almost quadrupled, with cases of scammers pretending to be officials accounting for HK$764 million, or 97 per cent, of the amount lost in the period. More mainland Chinese students in Hong Kong were conned by…

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