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Online Fraud: China cracks down on hundreds of millions of dollars of government investment scams, ET Telecom

Online Fraud: Such scams are often conducted online and with operations based overseas, tricking people into paying initial capital or membership fees, Xinhua reported. Fake poverty alleviation projects using fabricated government documents and credentials are also common. ....

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China cracks down: China cracks down on hundreds of millions of dollars of government investment scams

Public security agencies have solved a total of more than 260 cases this year and taken down 180 criminal groups related to fake national projects involving 1.5 billion yuan ($210 million) of funds from investors, the official Xinhua news agency reported. ....

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