Reported 12 months ago
A real estate tycoon who had known financial expert Xie Jinhe for years fell victim to a scam of over 150 million yuan by someone impersonating Xie Jinhe. The tycoon received Line messages from someone pretending to be Xie Jinhe, encouraging investments in an app called 'Hainan International.' Believing it was Xie Jinhe, the tycoon followed instructions to transfer money and even meet in person, only to find out later that it was all a scam. Authorities have arrested a driver and a couple providing identity accounts, while continuing to investigate the mastermind behind the scheme.
Source: YAHOO