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flag Chinese scammers operated a large-scale 'pig-butchering' investment fraud from the Isle of Man, defrauding Chinese victims of millions.

flag Chinese scammers operated a large-scale 'pig-butchering' investment fraud from the Isle of Man, using a hotel and former bank premises to defraud Chinese victims of millions of dollars. flag The scammers targeted Chinese customers through online platforms, taking advantage of the Isle of Man's low gambling taxes and proximity to China. flag The Isle of Man government and its gambling regulator have taken action to halt the criminal activities, stripping MIC's gambling affiliate companies of their licenses and arresting individuals in connection with the fraud and money laundering investigation.

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