Svmuu reports that the Hong Kong Securities and Futures Commission (SFC) has issued a statement urging the public to remain highly vigilant against scams that exploit the name of the Investor Compensation Fund. These scams often cause victims to suffer secondary losses. Scammers contact individuals who have previously suffered investment losses, falsely claiming that the victims are eligible to recover their losses from the Compensation Fund. They demand an additional "deposit" or "handling fee" to arrange for the Compensation Fund to provide "compensation," leading a significant number of victims to be defrauded a second time.