SYDNEY: Elaborate “virtual kidnappings” are being used to extort money from the friends and relatives of Chinese students Down Under, Australian polic...
: Elaborate “virtual kidnappings” are being used to extort money from the friends and relatives of Chinese students Down Under, Australian police warned Monday, after a spate of transnational scams were reported.
The fraudsters then continue to threaten the victim, often over encrypted message services, until they transfer large sums into offshore bank accounts. Other incidents have been detected elsewhere around the world, and Australian police said the scams had been “developed considerably over the last decade by transnational organised crime syndicates”.
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