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
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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