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Criminal gangs in China stole over $1 billion from Americans with SMS scam: how they did it and how you can stay safe

Started by Redaktion, October 15, 2025, 18:44:37

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Redaktion

China-based gangs reportedly stole over $1 billion from Americans using advanced smishing scams that exploit SIM farms and mobile wallets. Here is how the cross-border scheme operates and what you can do to protect yourself.

https://www.notebookcheck.net/Criminal-gangs-in-China-stole-over-1-billion-from-Americans-with-SMS-scam-how-they-did-it-and-how-you-can-stay-safe.1139146.0.html

anan

"US-based gig workers unknowingly use the compromised accounts" - yeah, someone asks you to buy iPhones with an Apple/Google wallet they provide. And then send those iPhones to China. The "unknowing" part of this sure does the heavy lifting in feigning ignorance that this was a money laundering scheme.

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