Online Frauds By Chinese Nationalists On Rise: Around 39 Individuals in Sri Lanka Has Been Arrested For Fraud Cases

Around 39 Chinese nationals have been arrested by Sri Lanka’s Aluthgama police in relation to online fraud. Valid media sources have reported it. Police have stated that the suspects have defrauded millions of money in the past months through the internet from the accounts of different individuals in different parts of the world.

The Chinese group has been staying in a tourist resort in the Kaluamodra area of Aluthgama. Police have revealed that the suspects were arrested based on the complaints received through several embassies. The arrested Chinese nationals were taken to the Alutgama police, and they took several smartphone devices and cash into custody.

The incident has been the second in a row when Chinese individuals were arrested from another country for online fraud this week. In another incident, the Chinese individuals were arrested after three years of fraud in different locations in Kathmandu for their suspicious activities. In addition, the Nepal police have arrested nine China nationals for their involvement in online fraud. They have arrested ten individuals assisting the Chinese nationalists in conducting the fraud.

 Police have revealed that they have strong evidence to back them up in the allegations. Previously, they could not find any evidence because the individuals were often found to be operating a call center or doing some legitimate activities. It was stated by the Senior Superintendent of Police, in charge of the Valley Crime Investigation Office.

He has revealed that they were found to dupe the Nepalis of money from their illegal offices in the valley. They used to run online classes called ‘Operation Teacher’ on telegram.

The crime office in charge has stated that the operators would make interesting offers to the general citizens after initially connecting with them on Whatsapp, and then they would make them join online classes through telegram.

The police have even repealed that one victim falling prey to such online fraud has lost 4 lakhs INR in his business. The Chinese officials would send interesting offers through WhatsApp in the form of an offer of an investment whereby the individuals were allowed to get over 30 percent net profit.

Online fraud by Chinese officials has been prevalent in India. The Uttar Pradesh Special Task Force (UP-STF) and Gautam Budh Nagar police arrested two Chinese nationals in a joint operation for allegedly duping hundreds of Indians into liking videos in exchange for money.

The alleged fraudsters used to send video links to their victims, requesting that they like the video and promising a reward of $40 for each like. The miscreants kept asking the victims to deposit more money in various bank accounts to become a ‘gold member’ of the scheme.

The suspects have been identified as Feng Chenjin, of Ganzhou, Jiangxi province, and Huang Kuan, of Guangxi, China. According to police, they were apprehended at a hotel in Greater Noida’s Knowledge Park area.

The victims provided the police with up to 21 UPI IDs. It was discovered that there had been 107 crores in transactions in these UPI ID-linked bank accounts in the previous year. “After learning about the bank accounts, the suspects’ phone numbers were monitored, and it was discovered that they were working out of Greater Noida.

Another incident of online fraud was reported in Hyderabad. Ten individuals were arrested for scamming abroad by designing a fraudulent application that was based on a Chinese Investment Scheme and promised the individuals high returns. The police have found that the money laundering fraud accounted for 903 crores INR and most parts were wired abroad.

How to safeguard yourself from online fraud?

Every year, millions of Indians become victims of online fraud, which is a type of fraud that occurs in cyberspace.

Because most of our financial transactions now take place digitally, understanding how to protect yourself from cyber fraud is critical. Here are some pointers to remember:

Passwords that are easy to guess should be avoided. 

Instead of writing passwords on chits in your wallet or on phone, one must memorize them. One could suffer significant losses if these fall into the wrong hands.

To protect one’s finances from online fraud, one must enable two-factor authentication with passwords and one-time passwords (OTPs).

As a responsible investor and individual, one must be vigilant concerning his online financial transactions and be wary of online scams. If he suspects that his personal information has been compromised, he must notify the bank right away.

edited and proofread by nikita sharma