Chinese network behind one of world’s ‘largest online scams’

News Snapshot:

More than 800,000 people in Europe and the US appear to have been duped into sharing card details and other sensitive personal data with a vast network of fake online designer shops apparently operated from China. An international investigation by the Guardian, Die Zeit and Le Monde gives a rare inside look at the mechanics of what the UK’s Chartered Trading Standards Institute has described as one of the largest scams of its kind, with 76,000 fake websites created. A trove of data examined by reporters and IT experts indicates the operation is highly organised, technically savvy – and ongoing....