One of the most sneaky, sophisticated, and costly scams originating from China these days is what Is called “Latent Identity Theft”. It means personal information you provide today will be used months later to steal your identity and bank account. The reason for the prolonged fraud is to distance the perpetrator from your memory. So […]
Only five years ago, it was fairly easy to spot a Chinese investment fraud after only a few dozen victims told their stories. The red flags were easy to spot… unsolicited business contact from a prospective Chinese partner or investor, invitations to visit China, quick and easy negotiations, etc. Within a year scam warnings were […]
No matter what language you speak or from which country you hail, YOU qualify to be the next fraud victim of China’s famous silicon valley outlet mall for electronics known as Zhongguancun located in the heart of Haidian District, only 1,000 meters away from famous Peking University. Here at this bustling center of cut-rate electronics […]
With each passing day, China is is being used more often as “bait” for over 300 known and growing “work abroad” scams. Thousands of desperate unemployed people from westerns economies that are gasping for air, as well as new university graduates with huge student loans to repay are falling for ads like this one… “English-Speaking […]
As world economies still struggle in the West, more and more English-speaking people who find themselves unemployed, or stuck in a boring job are now being lured abroad to Asia to teach with hundreds of “Work Abroad” ads. But with no teaching backgrounds they wonder about qualifications. But fear not future teachers, because for only […]
When working or studying abroad in China, expats cannot really survive without an expat forum. It is where we find new jobs, roommates, Chinese lessons, new partners, housing, and fun things to do and see. Indeed these forums are invaluable and eventually we come to trust them as “one of us”. But in recent days […]
This is a loooong and complex story so strap in folks and prepare for turbulence. About two weeks ago we began receiving emails from mostly expat teachers in China, along with a few recruiters asking us if we had complaints on file against the China Foreign Teachers Union (CFTU). Normally we don’t get more than […]
“Foreign teachers looking for a job in China these days often find a lot more than employment – grief. Sophisticated ID thieves have found a clever and easy way to defraud credit card companies and merchants in China using unwitting foreign English teachers as their “accomplices.” By posing as recruitment agents for some 19,000 schools […]
You’d have to be a blind man living in a Mongolian cave without internet access not to notice the obvious – China has become a haven for fraud, almost on the same level as Nigeria. However scams that originate from China are far more devious, sophisticated and costly. Whereas a Nigerian scam may cost a […]
In China, almost 80% of all employees admit stealing from their employers.The good news is that most of them steal less than $1,000 of property/inventory a year.The bad news is that 10% of them steal an average of $67,535 and less than 5% of the bigger thieves ever get caught. Why? Because they are usually […]
China Scam Patrol 