China’s largest social network operator Tencent swindled out of US$2.3 million by con men posing as chilli sauce producer

• The dispute emerged earlier this week after a Shenzhen court said it would freeze 16.24 million yuan (US$2.3 million) worth of assets belonging to Lao Gan Ma at the request of Tencent Holdings, who had sued the manufacturer for failing to pay advertising fees under a 2019 contract
• Lao Gan Ma in a statement said it never signed such a contract and had reported the matter to police