Global Business and Financial News, Stock Quotes, and Market Data and Analysis. So even the much smaller drop is a bigger percentage fall. I lived in an apartment near campus, with a roommate I didn’t really know. You’re all alone in an empty room, haunted by their voices and the everlasting bang, bang, bang….”, Like us on Facebook to see similar stories, Native American Heritage Day and Month: November offers national platform to talk about Indigenous culture and tradition, War-hardened general to lead Canada's Covid-19 vaccination effort. And I had, in fact, been waiting for word on a package sent via UPS with some documents related to my undergraduate education. The NBA will be no better off on this metric. The pandemic all but shut down China for several weeks this year, wreaking havoc on the world's second largest economy and forcing millions of people out … My parents had worked hard to attend university and establish themselves as English teachers in the city of Guangzhou, a metropolis in southern China. We want to hear from you. “You said you dreamed of the fake police banging at your door and trying to take you away,” she said. Officials acknowledge they can’t know exactly how many people are ensnared in these schemes. We'll see something close to a truce between the US and China: CIO. Tue, Nov 24, 2020. My family had to come up with another $43,000 to get me through school. If a student wants help, the process may seem labyrinthine. But the officer focused on the money transfer, and I didn’t get the chance to explain in detail how I fell for the scam in the first place. Sign up for free newsletters and get more CNBC delivered to your inbox. Although they target victims in China, their tactics are much the same as those who prey on Chinese students overseas. The next morning, I walked to USC Department of Public Safety to make a report. KUALA LUMPUR, Jan 9 — Back in 2017, the Malaysian government talked about launching the Electronic Government Unclaimed Money Information System (eGUMIS) to make it easier for the rakyat to check if they had any unclaimed monies. But the detective who handled my case said if the money had been transferred to a bank in Hong Kong and the criminals were not in the U.S., the investigation was beyond their jurisdiction. After I spoke with my parents, I called the “senior prosecutor,” who bristled at me. Unclaimed Property In California, unclaimed property or lost money is the responsibility of the State Controller's Office (SCO). A few hours later he gave me a copy of the DPS investigative report, which consisted of two sentences: “Susp told vict, she was suspected of money laundering, and she needed to pay $43,000 to clear her name. California’s Unclaimed Property Law requires banks, insurance companies, corporations, and certain other entities to report and submit their customers’ property to the State Controller’s Office when there has been no activity for a period of time (generally three years). When I interviewed university officials about what happened to me, they all emphasized USC’s commitment to creating awareness about scams. Vict transferred money.”, (When I spoke with David Carlisle, assistant chief of the DPS, about this process, he said, “Some of our officers are not as skilled as others in how to conduct an investigation, so I apologize if that was not done well. I’d arrived in Los Angeles just 45 days earlier — at the end of June 2019 — to start work on a master’s degree in journalism at USC, and every day was a struggle: seven hours of classes, Tuesday through Friday, followed by many more hours of writing. I felt so guilty that I refused to spend $2 to dry my clothes, hanging my laundry out to dry instead. … Capt. A friend who lives in Hong Kong tried to get some assistance from police there and got the same response: Ask the LAPD. At first, I was bewildered; then, I was terrified. A Division of NBCUniversal. “It’s not your fault,” she said to me. Why can’t you tell me?”. There may be winners and losers from a political point of view when it comes to the trade war between the U.S. and China. According to the university’s Department of Public Safety, during the 2018 fall semester 17 students were defrauded in government-impersonation scams over the phone or via email. When Sarah Schreiber, a counselor at USC Engemann Student Health Center, pushed me to look back at the fraud, I had to fight back tears. Behind these thefts are criminal syndicates that run, according to one scammer, “a huge, well-organized” operation with multiple tiers of people working out of different countries. The danger is if Chinese customers have already found new suppliers, meaning lasting damage has been done to U.S. exporters. A $5.8 billion decline in exports of transportation equipment is likely linked to problems at Boeing with the 737 Max. “I don’t know what you’re talking about!” I responded. It would be a longer lasting and deeper economic problem for the U.S. if it reflects changing Chinese preferences for aircraft. Schreiber told me that emotional support for the victims is important after they report the case to the police. In the first nine months of the year, U.S. exports to China are down 15.5% compared with the same period a year ago, a bigger drop than the 13.5% fall for Chinese imports. The gravity of my case demanded the attention of someone higher up, “Officer Xu” said, and he transferred me to “Capt. Postal Service – $26.6 million uncashed postal money orders. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. “Each semester, we send several emails with scam notices and prevention tips as well as publish updates online about scams at https://dps.usc.edu/be-aware-of-scams/ and https://ois.usc.edu/living-in-la/safety/.”. “To keep it secret,” he said, “call me ‘Brother Ma’ instead of ‘Capt. Then I got a call demanding $50,000, which would serve as “bail money.”, “Mom, you know the tuition fee for the fall semester is due soon, but now there’s a discount if we pay for the spring semester as well. “Xinlu Liang! NBA’s Bubble Season Prevented $1.5 Billion Loss in Domestic and Chinese Money 156 Getty Images/Sean M. Haffey. Carreño-Diaz says the DPS holds a monthly meeting with representatives from different international student associations, including the Chinese Students and Scholars Assn., or CSSA.