The net of international financial fraud is wide all over the world. Some insidious states continue to support this fraudulent cycle. Its purpose is to financially subdue another country through this cycle of secret embezzlement. There have been several detective movies about such international financial fraud. The state is also involved in these money laundering. In reality, it is more exciting than movies. And China has become the cradle of this fraud. The names of the Chinese have come up in multiple financial frauds. It is not possible for the Chinese to do this without the covert support of the state. Bangladesh is also on the list of cheaters at the hands of Chinese cheaters. In 2016, the names of two Chinese nationals came up in Bangladesh Bank fraud.
On March 29, 2016, BBC Bangla Khabar reported that Kim Aung, a casino businessman from the Philippines accused in the Bangladesh Bank fraud case, leaked the names of two Chinese businessmen to a Senate committee in that country. 61 million or more than 6 crore US dollars were stolen from Bangladesh Bank. Kim said he received only 5 million. The rest was digested by two Chinese businessmen. He handed over their names and passports to the Senate committee. Major General (Retd.) John Gomez, the then Ambassador of Bangladesh to the Philippines, was present during the hearing. Even after this incident, Chinese fraudsters are elusive. It is a mystery that China has not taken any drastic action even after embezzling so much money from a state like Bangladesh. Not only in Bangladesh, but also in various countries where the net of Chinese fraudsters is spread. China is trying its best to destroy the economies of countries like India, Ethiopia and Tanzania. The fraudsters' syndicate is part of China's state strategy.
Last December, India caught a fraudulent online loan fraud ring. There are four Chinese companies involved in this fraud. Their namesake also came out in public. These companies are Liufang Technologies Pvt. Ltd., Aglo Technologies Pvt. Ltd., Pinprint Technologies Pvt. Ltd. and Nablum Technologies Pvt. Ltd. These fraudulent Chinese companies even opened offices in Bangalore, India. The work of these four organizations was to lend online without permission. For this, they also opened a mobile app. Apps are called Crazy Bean, Crazy Rupees, CashPlus, Rupee Pro, Gold Bowl, Rupee Day, Cash Go, Cash Star, Money Now, Pocket Rupee, Cool Cash, First Cash, Credit Rupee, Real Rupee, Loan Gram, Cash Train Cash Bus, AAA Cash, Super Cash, Mint Cash, Happy Cash, Loan Card, Rupee One, Money Box, Monkey Box, Past Credit App. The real purpose of the fraud cycle was to lend through this app at a high interest rate. If anyone could not repay the loan, all kinds of threats would come down on him. Even their family or friends were misled by fake legal notices. Trapped in this cycle, 5 people were forced to commit suicide. That's when the matter came to everyone's notice.
Preliminary investigation has shown that the cycle has done about 14 million financial transactions. The transaction amount is about three billion US dollars. About 10 million US dollars have been seized from 28 bank accounts of these fraudulent companies. The investigation is still ongoing. Four members of this fraud ring have been caught. All four are Chinese nationals. At the head of this cycle, Zhe Wei alias Lambo tried to escape. But he was caught at the New Delhi airport. India is investigating Chinese money laundering and fraud. It is initially thought that the Chinese government is helping such a cycle to destroy the country's economy.
Such activity in China is nothing new. Bangladesh is also a victim of fraud by Chinese fraudsters. Chinese companies have lured many Bangladeshi businessmen by showing greed for more profit. They are doing the same business in other countries. But such activities of Communist-ruled Chinese on foreign soil are not sporadic. It can be seen that the economies of different countries are suffering the most due to Chinese frauds or fraudsters. In short, the main goal of Chinese fraud is to slow down the economic growth of different countries. It is now clear that the Xi Jinping government is using companies to implement China's state policy. Thoughtfully, China is sending fraudsters from Beijing to different countries on the basis of a specific program. They are spreading the net of deception by deceiving the common people. Then the neo-imperialist China wants to hit the economic backbone of the country. So now is the time for the FATF or Financial Action Task Force to become active against China. Otherwise, the whole world economy will be ruined by China's fraud. There are also demands to blacklist Chinese companies. The entry of Chinese companies should be banned in other countries. On behalf of Niden, China should be warned against smuggling its own counterfeiters into the international market. It is important to warn Beijing about fraud now. The FATF must take immediate action. Otherwise, many more countries will fall prey to the neo-Nazi forces.
