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China grandma drains life savings on US$450,000 beauty fraud before daughter discovers it

Global - Asia Archived September 14, 2026
China grandma drains life savings on US$450,000 beauty fraud before daughter discovers it
A 75-year-old woman from Shanghai spent three million yuan (US$450,000) on beauty treatments in a salon, completely depleting her retirement savings before her daughter uncovered the situation.
The elderly woman’s daughter recently sought assistance from a Shanghai television programme after discovering that her mother had exhausted all her savings on beauty services.
The woman, surnamed Yu, had spent her savings at a branch of Yongqi Beauty and Hairdressing Company, as well as a medical beauty...
Source: South China Morning Post | https://www.scmp.com/rss/91/feed - Read Original
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