Chinese Embassy Warns of New Scam Targeting Citizens in Maldives

According to Foresight News, the Chinese Embassy in the Maldives has issued a warning following a recent announcement by the Maldives Police Service regarding a new scam targeting foreigners, particularly Chinese nationals. This scam involves complex fraudulent activities centered around fake cryptocurrency transactions. The scam typically involves unidentified third-party intermediaries who contact local Tether (USDT) sellers through online platforms. These scammers claim to need assistance with currency exchange transactions and provide a cryptocurrency wallet address, instructing the sellers to transfer Tether to this address. Simultaneously, the scammers reach out to Chinese citizens holding large amounts of Maldivian Rufiyaa cash, arranging meetings between these individuals and the Tether sellers. The embassy's alert aims to raise awareness among Chinese citizens in the Maldives to prevent them from falling victim to this sophisticated scam.