ReferIndia News 'Millionaire' fraudster: How a homeless man used prop money to trick multiple women into funding his 'luxury life'

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'Millionaire' fraudster: How a homeless man used prop money to trick multiple women into funding his 'luxury life'

Published on: Nov. 28, 2025, 10:03 p.m. | Source: The Economic Times

A shocking scam unfolded in Shanghai where a homeless man posed as a millionaire nightclub owner. Over ten days, he convinced at least five women to fund his lavish lifestyle. He used fake money to lure victims into paying for expensive meals and hotel stays. The suspect has been arrested for fraud. Investigations continue to find more potential victims.

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