China's massive transnational online fraud ring exposed

A large Chinese transnational cyber fraud group was recently dismantled in an operation carried out in nearly 30 provinces in Turkey, and more than 70 suspects were arrested.

According to a report by CNN TURK, the Chinese cyber fraud group made $500 million in profit in Turkey alone in one year by defrauding people through fake investment websites. The criminal group sent the proceeds to a secret money exchange center in Cambodia through more than 40 secret companies, and then transferred them to China. Their criminal network is involved in many countries, and the global profit from fraud in one year reached $12 billion.

The Chinese criminal group made huge profits through artificial intelligence technology and fake investment websites. Last week, over 70 suspects were arrested in an operation in 28 provinces centred on Istanbul. Cash, weapons, etc., were seized from their homes.

According to the report, the Chinese criminal group set up a forced labour camp in Cambodia, deceiving young people from Turkey and other countries with promises of high salaries, sending them first to China, and then giving them a certain amount of money, before sending them to Cambodia. After they arrived, the criminal group confiscated their passports, prevented them from leaving, and forced them to work in a completely forced labour camp-like environment for online fraud. So far, India has tried to rescue its citizens from this camp, but to no avail. It is reported that Turkey will also take action in this regard.