"Chinese network behind one of world’s ‘largest online scams’"

[DrLeftover]

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Chinese network behind one of world’s ‘largest online scams’​

Exclusive: Vast web of fake shops touting designer brands took money and personal details from 800,000 people in Europe and US, data suggests

Wed 8 May 2024 00.00 EDT

More than 800,000 people in Europe and the US appear to have been duped into sharing card details and other sensitive personal data with a vast network of fake online designer shops apparently operated from China.
An international investigation by the Guardian, Die Zeit and Le Monde gives a rare inside look at the mechanics of what the UK’s Chartered Trading Standards Institute has described as one of the largest scams of its kind, with 76,000 fake websites created.

A trove of data examined by reporters and IT experts indicates the operation is highly organised, technically savvy – and ongoing.

more:

Chinese network behind one of world’s ‘largest online scams’

Exclusive: Vast web of fake shops touting designer brands took money and personal details from 800,000 people in Europe and US, data suggests

www.theguardian.com

 

[Dead2009]

Damn I almost thought this was about Temu for a second lol

 

[MrDawn]

This is a real problem in China. I watched a documentary about it on Netflix once.

 

[Nebulous's iconNebulous]

This is a real problem in China. I watched a documentary about it on Netflix once.

They fill entire skyscraper office buildings with hackers all doing this kind of stuff all day long.

 

[MrDawn]

They fill entire skyscraper office buildings with hackers all doing this kind of stuff all day long.

I wouldn't be surprised. It's a side hustle that their government uses to rip people off. India does it too and they're notoriously infamous for their phone scams.