Fujianese Boss 'Ah Hao' Runs Domestic Fund Scams in Mengpo
A Fujianese man, nicknamed 'Ah Hao', operates domestic fund scams in Mengpo City, Mangbo. His organization, with shareholders Ah Fu, Ah Xin, and Lao Tie, targets single women in China. They lure victims into buying funds on Alipay, then encourage them to buy products, withdraw, recharge, and eventually purchase long-term, high-value products. The operation is managed harshly, with verbal and physical abuse, even electric shocks. Manager Ah Jian is particularly violent. The scam has cheated thousands, with a total recharge amount of over 900 million yuan, using a shell company for fund collection.7 sourcesSee all sources