Reported about 1 year ago
A scam group used TSMC stocks as a lure to deceive victims into thinking they could purchase treasury stocks at less than 600 yuan per share, resulting in an elderly woman losing over a million through a fake investment platform. The scammer, a recent high school graduate turned driver via a job found on Facebook, was caught through a collaboration between a victim and the police, highlighting the dangers of falling for false advertisements on social media. Authorities warn the public to be cautious and not to trust investment platforms with unclear origins or suspicious offers, with over 100,000 fraudulent ads being removed to date.
Source: YAHOO