Brief
Woman falls victim to investment scam, loses RMB1.5 million

An elderly woman reported to the Judiciary Police that she had lost RMB1.5 million in an alleged investment scam. According to police, the victim was introduced by a friend last year invest in a mainland “agricultural assistance plan” purportedly led by mainland officials, promising state subsidies and high returns. Trusting the fraudster, she contacted the person claiming to manage the plan and downloaded an investment app. She transferred a total of RMB1.5 million in multiple transactions. The account initially showed profits, but when she attempted to withdraw funds, she was told to pay various fees.
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