Cyber Bureau busts major online scam targeting over 70,000 users
Summary
The Cyber Bureau of Nepal Police has arrested 11 individuals, including a Chinese national, for running a major online scam through the 'SMC' app, defrauding over 70,000 people of approximately Rs 120.8 million.
Key Points
- Cyber Bureau of Nepal Police arrested 11 suspects, including a Chinese national, involved in a large online scam.
- The scam was operated through the 'SMC' mobile app targeting more than 70,000 people nationwide.
- Financial losses incurred due to the scam amount to around Rs 120.8 million.
- The accused used a Ponzi-style scheme and fake partnerships with major film companies to lure victims.
