Chongqing police arrested 36 people in connection with an online fraud operation designed to lure would-be investors with useless share trading advice. Photo: Weibo
Chongqing police arrested 36 people in connection with an online fraud operation designed to lure would-be investors with useless share trading advice. Photo: Weibo

Chinese police arrest 36 in connection with US$290,000 online stock trading and advice scam operation

  • Scammers would charge investors for place in fake trader WeChat network
  • Victims would lose money and be pressed by other ‘investors’ to buy more

Chongqing police arrested 36 people in connection with an online fraud operation designed to lure would-be investors with useless share trading advice. Photo: Weibo
Chongqing police arrested 36 people in connection with an online fraud operation designed to lure would-be investors with useless share trading advice. Photo: Weibo
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