Four Chinese nationals charged in Sydney for sophisticated cyber scam trends now

Four Chinese students are charged in Australia over a sophisticated online scam with more than $100million allegedly stolen Australian authorities arrested four Chinese citizens in Sydney over cyber scam 'Sophisticated' con involves manipulating legitimate financial trading software The AFP was tipped off by the US Secret Service about the $US100million scam

By Brett Lackey For Daily Mail Australia

Published: 22:10 GMT, 8 December 2022 | Updated: 22:10 GMT, 8 December 2022

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Four Chinese nationals living in Sydney have been charged with being involved in an international cyber-scam that has allegedly stolen more than $US100million worldwide.

The four men, aged 27, 24,19 and 19, have been charged with offences linked to the proceeds of crime after the Australian Federal Police were tipped off by US authorities.

The alleged investment scam is 'highly-sophisticated' and involves hackers manipulating legitimate electronic trading software that is provided to clients by licensed foreign exchange brokers.

The US Secret Service, in August 2022, notified Australia's Joint Policing Cybercrime Coordination Centre - which is led by the AFP - about Australian links to the mainly US-based scam.

AFP have arrested four Chinese citizens (pictured) living in Sydney connected to an investigation into a

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