Keir Starmer will be pleased that he has secured several agreements to mark his visit to Beijing and by the warm tone of President Xi Jinping’s remarks about his government. However, No 10’s announcements do not put a figure on the value of the deals, and there does not appear to be a big bundle of investments worth billions by Chinese or British firms, which prime ministers have usually tended to hold up as a sign of success. These are the agreements secured by the UK so far. Visa-free travel…
Tag: Organised crime
The Guardian view on the online scam industry: authorities must not forget that perpetrators are often victims too | Editorial
A Chinese court last month sentenced 11 people to death over their roles in a illegal scam empire along the border with Myanmar. But it won’t end a noxious multibillion-dollar industry that devastates the lives of two sets of victims. The first are those cheated out of money, often by people posing as potential romantic or business partners in what are known as “pig‑butchering” schemes. The second are those who are forced to cheat them, working in conditions amounting to modern slavery. The recent study, Scam: Inside Southeast Asia’s Cybercrime…
‘Everything is fake’: how global crime gangs are using UK shell companies in multi-million pound crypto scams
A woman meets a man online. They flirt. Then, after a few weeks, they begin imagining a future together. Fast forward a few months and one of them has had their heart broken and been defrauded of their life savings. It sounds like a classic romance scam, but it isn’t. This is “pig butchering”: a brutal, elaborate and rapidly expanding form of organised crime, often involving criminal syndicates, modern-day slaves and victims around the world. Since it came to prominence in 2021, the fraud – which involves scammers grooming their…