Bottles of the Lao Gan Ma chilli sauce on a supermarket shelf. Photo: WikipediaBottles of the Lao Gan Ma chilli sauce on a supermarket shelf. Photo: Wikipedia
Bottles of the Lao Gan Ma chilli sauce on a supermarket shelf. Photo: Wikipedia

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
Topic |   Crime in China
Bottles of the Lao Gan Ma chilli sauce on a supermarket shelf. Photo: WikipediaBottles of the Lao Gan Ma chilli sauce on a supermarket shelf. Photo: Wikipedia
Bottles of the Lao Gan Ma chilli sauce on a supermarket shelf. Photo: Wikipedia
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