China Cracks Down on Over 42,000 Counterfeit Investment Apps to Combat Telecom Network Crime
China's cyberspace regulator said on Friday that it has cracked down on counterfeit investment platforms, as part of the country's campaign to combat such telecom network crime.The Cyberspace Administration of China (CAC) said it has investigated and cracked down on some 42,000 counterfeit apps since the start of this year, and incorporated them into the national fraud-related database, according to a statement on its website.The regulator added it found multiple cases involving website spoofing as scammers created…