Cyber Crime Wave: Chinese Scammers Target Europe with Fake Designer Brands

 

In the last couple of weeks, there has been an increase in the number of people who have been duped into sharing their card details and other personal information with a network of fake online designer shops that are operated from China, which appear to have duped over 800,000 people in Europe and the United States. This report by the Guardian, Die Zeit, and Le Monde gives an inside look at one of the biggest scams of its kind, one that has created 76,000 fake websites in the UK, considered one of the largest scams. 
Several reporters and IT experts have examined a trove of data indicating an extremely organized, technically proficient operation — and ongoing one. A large number of fake web shops have been created on an industrial scale by programmers who offer discounted goods from brands like Dior, Nike, Lacoste, Hugo Boss, Versace, Prada, and many others on an industrial scale. 
It is believed that over 75,000 websites with logos of various high-end brands, such as Nike, UNIQLO, Paul Smith, and Cartier, are carrying out the ruse, which has been called one of the biggest scams ever to take place. The website claims to sell discounted items, but it is just a ruse. These English versions of the sites are accompanied by duplicates in several other European languages such as French, German, Spanish and Italian, intended to scam unsuspecting consumers from around the globe. 
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