Category: WeChat

For many WeChat users, the most convenient thing is the voice function. But this voice function has also become the most convenient means for fraudsters to swindle money. A great deal of people have been deceived in this way currently! 

© Image | BAIDU

 

WeChat Voice Scam

 

Many people don’t know that the voice can be forged. The fraudsters use the WeChat to falsify the voice to gain the trust of the victims and to achieve the purpose of fraudulent money. What exactly happened?

 

© VIDEO | 安徽卫视

 

Step 1: 

Stealing WeChat account

Fraudsters will steal your WeChat account by illegal means such as implanting a Trojan, and steal relevant information from your WeChat.

© Image | BAIDU

Therefore, we should always be alert to the unfamiliar links and abnormal QR codes on the mobile phone when using WeChat. Do not easily disclose your WeChat account and password to others.

Step 2: 

login “Clone WeChat”

The WeChat that everyone usually uses is genuine WeChat, there is no “forwarding voice” function. And this clone WeChat is “enhanced version of WeChat”, which can not only forward voice, but also extract voice files, simulate the voice of other.

© Image | 全景网

Even more frightening is that this “clone WeChat” is sold on many online shopping platforms and can be purchased for only a few tens of RMB.

Step 3: 

Scam via “cloning WeChat account”

After login the “cloned WeChat” and clone a WeChat account, the fraudster can see all the information of the original WeChat account, extract the voice information and send a message to the friend.

© Image | BAIDU

Attention

When it comes to money transactions, be sure to confirm them in person, not by voice, video or phone.

Common fraud

WeChat is used more and more frequently in life, and also more and more frauds are launched around WeChat. In addition to WeChat voice fraud, these means of frauds are also very common.

Trojan red envelope

Many people will tap immediately when they see the WeChat red envelop. But many red envelopes are just a trap. Some “red envelopes” are not official WeChat red envelopes, but they just look like.

© Image | 全景网

 

You will be asked to enter the mobile phone number after open this kind of red envelope, in turn, your phone will be installed Trojans.

Once the Trojan invades your mobile phone, it will steal all kinds of private information on your mobile phone. The money in your WeChat wallet or the bank card binded to WeChat is at risk, and the Trojan will send a similar “virus red envelope” to more people in your identity to spread the virus. So please don’t open such kind of red envelope.

QR code scam

When walking in place like market, you must have seen this: scan our QR code and you will get a gift! Actually, it may be just a marketing strategy to promote products. 

© Image | BAIDU

Usually, it needs you to scan the code and fill in personal information, which, lead to privacy disclosure.

Bargain scam

We often see the bargain message in our WeChat moments. Some really need to help bargain, but some just want to get attention or cheat personal information and so on.

© Image | BAIDU

Fake WeChat friends

Some crafty cheats will pretend to be your WeChat friends and make an excuse that their phone no. has been changed and ask you to send your phone no. to them. After that they will let you send a code that you have received to verify their WeChat accounts. 

© Image | BAIDU

As long as you do so, the fraudsters can login your WeChat account and transfer your money easily.

One of Hong Kong’s poorest neighbourhoods was witness to a scene straight out of a movie on Saturday afternoon, as a hail of banknotes fluttered in the air, sending a crowd of bystanders into a frenzy.

© Image | FACEBOOK

“Don’t know whether any of you will believe money can fall from the sky.”

A police spokeswoman said the force had received reports of someone distributing money at Fuk Wa Street, Sham Shui Po, and officers were deployed to the scene.

A Post reporter spotted some HK$100 (US$13) banknotes near the Golden Computer Arcade and officers told people not to pick them up.

© Video | FACEBOOK/SCMP

 

A video emerged on Facebook showing a man dressed in a black hoodie who appeared to be making an announcement: 

 

“Today, December 15, is FCC’s big day in announcing the trading race. I hope everyone here will pay attention to this important event …[I] don’t know whether any of you will believe money can fall from the sky.”

After the man finished his speech, the camera panned to the right, showing banknotes being thrown from the rooftop of a building.

 

Who is that man?

The man is believed to be the owner of the Epoch Cryptocurrency, a Facebook page that promotes cryptocurrency. He is widely known online as “Coin Young Master” and his real name is Wong Ching-kit.

In a Facebook video posted shortly after the stunt, Wong claimed he was “robbing the rich to help the poor”.

When asked why he did it, Wong paused to think, and said: “Don’t blame it on me, I also don’t know why money could fall from the sky.”

He also asked people watching the video where in the city they would like to see the “strange phenomenon”.

© Image | FACEBOOK

 

The young man has given media interviews under various monikers, promoting investment products, including a HK$27,500 computer he claimed could be used for cryptocurrency mining.

Company search reports showed Wong owns a company called Coin’s Group. The firm was initially called Oscar Holding Group in 2017 but the name was changed on July 3 this year.

Arrested for breach the public order ordinance by causing disorder in a public place.

 

Barrister Albert Luk Wai-hung, felt “Coin Young Master” had breached the public order ordinance by causing disorder in a public place.

“How did he do his promotion? He wanted to create chaos to do it,” he said.

The maximum penalty for such an offence is a HK$5,000 fine and 12 months in prison, he added.

Passers-by would break the law if they picked up lost money and did not report it to the police.

© Image | SCMP

Luk said that usually when passers-by pick up lost money and do not report it to the police, they would be breaking the law.

But in this case, as “Coin Young Master” had intended to give out the money, Luk said, those who collected the banknotes did not have dishonest intentions.

To avoid a misunderstanding with the law, Luk suggested people should just ignore the banknotes or hand them in to police.

He said the scenes appeared to be dangerous as the area was a busy place at weekends, and he did not agree with such attention-seeking actions.

 

Man live streams 

when he was arrested

The man was arrested on Sunday in connection with an incident a day earlier in which at least HK$6,000 (US$769) in banknotes was tossed from the top of a building in the city’s poorest district.

Police detained the suspect in Sham Shui Po at 4pm as he stepped out of a luxury car in preparation for another stunt.

Wong announced on Saturday that he would be handing out meal coupons outside a restaurant in Sham Shui Po at 4pm on Sunday, but was detained before doing so.

He was taken to a police station in Sham Shui Po, according to the Facebook Live video. “I was arrested by the Criminal Investigation Division,” Wong says to the camera with a smile.

© Image | SCMP

© Image | 苹果日报

 

Recently, there is a series of videos about foreigners who have been in China for 10 days vs. 10 years and thought I’d share here! It may not be 100% accurate, but I still think it makes some good points. 🙂 

Have a look at the screenshots or watch the full video below and see if you feel the same!

 

 

 

 

Chinese shows are shit.

VS

 

 

Client: Relax! Let’s eat dinner and then go to KTV!

 

 

 

 

Two weeks ago, we published an article about Notice! Have You Received This Message from Bank Recently?

We have received many questions by our readers. 

“Will it affect my stay in China?”

“How to avoid paying taxes? “

“How do I pay the tax?”

#Today, we collected some common questions to answer below.

You may have received this message, an notification about bank asking the account holders to go to banks to report which countries’ taxpayers they belong to before 31 December, which is for information exchange among countries from CRS.

© Image | GOOGLE

What should you do?

 

Go to any sub-branches with your passport and fill the form. 

There are 3 options 

on the top of the form.

 

 

1

The first option, PRC Tax Resident, refers to individuals who domicile in the PRC, and travel outside of China for a single trip less than 30 days or combined trips less than 90 days during the resident of China in 2018. In addition, individuals are not asked for the tax information in other countries (normally refer to their own countries) are regarded as PRC Tax Resident.

2

The second option, PRC Non-tax Resident, refers to individuals who do not domicile in PRC, and travel outside of China for a single trip over 30 days or combined trips over 90 days during the resident of China in 2018. 

3

The third option, Tax Resident in PRC as well as other countries, refers to individuals who meet the conditions of first option and are also paying tax in other countries or these countries require to pay tax.

What is domicile?

 

If foreigners reside in China due to study, working, visiting, travelling and won’t come back to China after finishing these purposes, then they don’t domicile in China. Even they own houses in China, if they don’t work in China and come back to their own countries, they don’t domicile in China.

Please choose it based on your actual situation.

Will your visa be effected 

if you ignore this message?

 

This message states that if you don’t fill the form on time, the bank will consider you as Non-tax Resident automatically. We still suggest you that you should fill the form and submit to the bank in time, otherwise the bank may close the account or recognize your information mistakenly, which may lead to adverse credit record due to tax deferral.

 

© Image | GOOGLE

 

Visa related departments haven’t required for information about personal tax yet. There is no influence for now, but we are not sure in the future.

Tax Resident in PRC

Generally, PRC Tax Resident has to declare tax to tax bureau every year. But many taxpayers failed to do so in the past. In terms of when China tax bureaus will inspect, close personal accounts compulsively and ask for tax payment, we can’t give an exact answer or forecast how policy will work in the future.

Tax Resident in PRC 

as well as other countries

You will need to pay the tax in China and meanwhile, China will exchange your assert information to another country you filled. Whether there is double taxation by another country or not, it depends on if there is tax convention between two countries or not.

How to pay the personal tax if you need to declare all the income from your personal account?

 

First you need to state the source and expenditure of each income. After calculating the total personal income amount, using the calculation method of personal tax rate. 

© Image | GOOGLE

For Example

 

After deducting social security and other items, if your annual income is 1,000,000 yuan, the tax rate is 45% and the quick deduction is 180,000 yuan, your personal tax should be 1,000,000*45% – 180,000=270,000

Which situation is considered 

as PRC Tax Resident? 

Travelling outside of China for a single trip less than 30 days or combined trips less than 90 days during the resident, or living in China no less than 183 days?

According to present tax laws and the bank asks for declaration of 2018, it is the situation of travelling outside of China for a single trip less than 30 days or combined trips less than 90 days during the resident. 

However, new personal tax laws will be put into effect in 2019, and in this condition, PRC Tax Resident will be regarded as those who live in China no less than 183 days. Therefore, from January 1, 2019, the standard time of resident will be 183 days.

“I am not in China now.  Can I ask someone to do that for me?”

 

We are afraid not because you need to confirm the information and sign there. You can manage it in bank which you opened bank account before as well as any other sub-branches.