Shanghai fraud

  • Homeless Shanghai Man Scams Five Women by Posing as Wealthy Businessman: A Modern Dating Fraud Scheme

    Homeless Shanghai Man Scams Five Women by Posing as Wealthy Businessman: A Modern Dating Fraud Scheme

    Nov 30, 2025 12:28 am CST

    A homeless man in Shanghai successfully deceived five women in just 10 days by creating an elaborate illusion of wealth, using fake cash bundles and promises of high payments. The sophisticated scam involved posing as a nightclub owner, showcasing training banknotes disguised as real currency, and manipulating victims into financing his luxury lifestyle including meals, hotel stays, and even a new smartphone before police intervention.