In a shocking story from Gansu, China, a woman named Wang Wei committed a huge fraud over five years by pretending to own 80 apartments. She tricked people into believing she owned the flats, changed the locks, and sold them at very low prices to friends and family. This scam started in 2019, and Wang took 24 million yuan (around ₹28 crore) before being caught!
Wang, who is in her early 30s, got into this mess because she was deep in credit card debt from spending too much. Her husband, Cheng, had no idea about the fraud and was busy paying back a loan his father had taken to help them out financially.
How Wang Did It
Wang found out that a local company was giving away new relocation flats. She used a computer program called Photoshop to create fake documents that looked real, claiming she owned the properties. She then fooled locksmiths into changing the locks by showing them these fake papers. One locksmith said he had no reason to distrust her because her documents seemed convincing.
To keep her scheme under wraps, she hired different locksmiths for each apartment. After she gained control, she sold the flats for much less than their real value—one apartment worth 1.1 million yuan (about ₹1.3 crore) was sold for just 600,000 yuan (around ₹70 lakh). She told buyers they were “internal units,” which meant they were only for friends and family.
Using Stolen Money for a Live-Streamer
Wang also secretly gave a lot of money to a male live-streamer named Zhang Zhen, who she liked after watching him online in October 2022. Reports say she spent more than 9.8 million yuan (around ₹11.5 crore) on Zhang, buying him fancy cars and even homes.
Neither her husband nor her family knew about these gifts. Even while this fraud was going on, Cheng kept paying off her debts.
When the scam came to light, Zhang and the live-streaming company helped the police recover some of the stolen money, about 8 million yuan (around ₹9.4 crore).
People on Chinese social media are talking a lot about this story. One person asked, “How could 80 flats go unnoticed for five years?” Another wrote, “The husband is working hard to pay debts while his wife spends stolen money on another man. It’s shocking!”
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