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Woman loses all her savings of 1m yuan in phone scam

A WOMAN in Hongkou District was convinced to transfer all her savings, more than 1 million yuan (US$163,400), to an account as part of an elaborate phone scam involving fake power company and police officials, reported today.

The woman, surnamed Shu, answered a call from a so-called staffer from State Power Information Network National who said she stole electricity in Jinshan District and threatened to cut off her power on July 29.

Shu told the man that she never lived or worked in Jinshan District and was told she might have a leak of personal information. Shu was then offered a phone number, supposedly of Jianshan Police Station.

A fake police officer called Shu and claimed Shu was being investigated for involvement in a money laundering case.

Shu was told to transfer money to a certain bank account so that her assets could be notarized.

Shu then transferred all her savings to the bank account.

Police said residents should take extra care when transferring money, especially to so-called safety accounts. They should not hesitate to call police if they sense anything wrong.


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