HackFraudRomance scam ring using fake forex/crypto platforms in Vietnam
Published: 29 Oct 2026 · Vietnam
Vietnamese police raided a Chinese-led scam operation in a rented hotel that targeted Taiwanese and Chinese victims with romance scams leading to fake forex, stock, crypto trading, and sports betting platforms (using USDT). Avoided local victims to reduce detection. 118 arrested, $2M losses estimated.
Who is at risk
Anyone who uses social media, email or messaging apps
How to protect yourself
- Do not click links in unexpected messages, posts or direct messages.
- Check the sender or account through the official website, not through the message.
- Never share passwords, codes or recovery phrases.
Source: Community reports (hackfraud.com)
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