Chinese tricksters take cue from Squid Game to prey on the indebted


Participating in isolation challenges could net winners as much as 1 million yuan (US$140,000), provided they abide by all the rules. - Reuters

BEIJING: In China's take on Squid Game, fraudsters are preying on the financially distressed in a slumping economy with promises of prize money, debt restructuring and other schemes that are not always what is promised.

Unlike the dystopian South Korean TV series, which returns to the small screen for a second season on Thursday (Dec 26), Chinese players taking on "self-discipline" challenges do not risk their lives if they lose.

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China , tricksters , squid game , debt

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