A Chinese criminal ring has stolen $50 million by franchising thousands of fake online shops, experts say

• A study linked one Chinese criminal organization to over 75,000 fraudulent online shops.
• The group, known as 'BogusBazaar,' has processed over $50 million in fake orders, the study found.
• The majority of the 850,000 victims are based in the US and Europe.

Have you encountered an online shop with deals too good to be true? Well, they probably are, and the website probably is too.

As the rise of online shopping took hold during the pandemic, so did the rise of fake online shops and products.