2 men arrested for online shopping scam
Print Edition
TWO men alleged to have conned online shoppers out of tens of thousands of yuan in an elaborate scam have been arrested, Shanghai police said yesterday.
A 20-year-old surnamed Cao and 19-year-old named Zhao were detained in the Pudong New Area last month, though Cao was later released on bail as he has AIDS, police said.
The pair contacted people “in urgent need of money” via chat rooms in June and July last year, and offered them a chance to turn their credit lines with shopping website Tmall.com into cash.
They told their victims that they would use the credit to buy items like smartphones, then sell them on black markets and share the proceeds.
In reality, the two men pocketed all of the money from the sales and left their victims with nothing but large debts.
Police said the pair used about 100,000 yuan (US$16,000) of credit and made 70,000 yuan from the sale of the goods.
Tmall introduced the credit service, which offers personal limits of up to 30,000 yuan, last March and it is now available to almost all of its users, the company said.
Police said they were alerted to the activities of Cao and Zhao in July by the website, which is part of China’s e-commerce giant Alibaba Group.
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