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Expats lose 24m yuan to conmen
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Two expats were swindled out of 24 million yuan (US$3.9m) in telecom scams in the Pudong New Area, police said yesterday.
According to police, expats and Chinese returnees are among swindlers’ targets, as most lack knowledge on Chinese law and precautions to avoid telecom scams.
An expat reported to Pudong police on October 28 that a swindler claiming to be an official with a judicial body told him to transfer money to a “safe account.”
He made several transfers and was swindled out of 20 million yuan within a week.
On the same day, another expat in Pudong reported losing 4 million yuan in a scam.
The two cases are still under investigation.
Police officer Mi Yiming said people such as company executives and expats seemed more easily conned.
“They are confident about their judgment and pay less attention to our publicity on preventing scams.”
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