Latest news with #ZhongnanUniversityofEconomicsandLaw
NDTV
05-07-2025
- NDTV
Chinese Man Caught Cross-Dressing To Cheat In Exam For Female Student
A Chinese man has been caught cross-dressing to take an exam on behalf of a female student. The male student from Zhongnan University of Economics and Law in Wuhan, Hubei province, wore a wig and face mask to impersonate the other student and took the exam at a public venue. While the identity of the man has not been revealed, the woman, surnamed Li, contacted him online to take the Advanced Accounting exam on her behalf, according to a report in South China Morning Post. It remains unclear if any payment was made to secure the service. The man had dressed up as a woman complete with a wig and a hair band and was taking the exam. However, after an invigilator grew suspicious of the man's attire, they called him out. The man was asked to remove the wig but refused to do so. As another student in the hall recognised the man, he fled from the spot. The university released a statement, confirming the incident and further action. Li is facing expulsion from the university for misconduct, as per the regulations. The identity of the male impersonator is currently under investigation by both the university and relevant local authorities. The incident went viral on Chinese social media, with users highlighting the lengths people can go to to succeed in exams in China. "The pressure to succeed in Chinese academia is immense," a user wrote, adding that expulsion for "cheating is a huge blow to her future prospects." 'He wore a wig, face mask and even a headband – the effort was insane," said another. China's educational system is notorious for its fierce competitiveness, where academic success is often seen as the primary determinant of a student's future opportunities.
Time of India
05-07-2025
- Time of India
Man cross-dresses to take exam on behalf of a woman, but one detail gives him away
In a case that sounds straight out of a campus comedy thriller , a bizarre scene unfolded during an advanced accounting exam in China—one involving wigs, face masks, academic desperation, and a swift escape. What began as a bold attempt to cheat the system ended in embarrassment, exposure, and serious consequences. The story, reported by South China Morning Post, has since lit up Chinese social media, as netizens struggled to decide whether to laugh or cringe. When Disguise Becomes a Giveaway The incident came to light on June 24 when an online user claimed that a man was caught impersonating a female candidate during a senior accounting exam at Zhongnan University of Economics and Law in Wuhan, Hubei province. According to the viral post, the man attempted the exam dressed in full disguise—wearing a wig, headband, face mask, and women's clothing to blend in. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo But his plan began to unravel when one teacher noticed something amiss. The wig, as it turned out, was too obvious. 'He was asked to remove the wig,' one post read, 'and the moment he was exposed, he ran off.' You Might Also Like: Man without heirs offers his entire inheritance to a stranger, but there is a feline catch Adding another twist, a student sitting in the same exam room reportedly recognised him and called out his real identity, further confirming the deception. The impersonator fled after being exposed, and the woman who hired him now faces expulsion. (Image: Weibo) Behind the Mask While the incident quickly became a source of online amusement, it reflects a deeper concern embedded within China's high-stakes academic environment. In a system where exam scores can make or break careers, some students resort to extreme and unethical measures. According to a statement issued by Zhongnan University of Economics and Law on June 25, the man had been hired by a female student—identified by the surname Li—via an online platform to sit for the Advanced Accounting exam on her behalf. Whether money changed hands remains unclear, as the university did not disclose payment details. You Might Also Like: This bride just got the wildest dowry of this year, perhaps: 100 civet cats and... As per university disciplinary regulations, Li is now facing expulsion. Meanwhile, the male impersonator is still under investigation by the institution and local authorities. Part Laughter, Part Outrage The spectacle of a man in a headband and wig attempting to pass for a woman to sit an exam was too much for netizens to ignore. 'The wig was too obvious! I can't believe someone actually tried this,' wrote one user. Another remarked, 'What kind of person agrees to be a cross-dressing exam impostor? This is beyond ridiculous.' Yet, beneath the jokes, there was a clear undercurrent of concern. 'This is what happens when people get desperate,' commented a third. 'The pressure to succeed in Chinese academia is immense, and the consequences are severe. Being expelled for cheating is a huge blow to her future.' A Shocking Exam Day Reminder While academic misconduct isn't new, the method and theatrics of this case have made it especially memorable. The university's swift response and the public's reaction show that China is taking educational integrity seriously—but also grappling with the human toll of relentless academic expectations. In a system that demands perfection, this bizarre story reminds us how far some are willing to go to avoid failure—and how quickly a wig can turn an act of quiet fraud into a public spectacle.
Hindustan Times
05-07-2025
- Hindustan Times
Chinese man caught impersonating woman with wig and headband during university exam
A bizarre case of academic impersonation has stunned China's online community, after a male student was caught cross-dressing to take an exam on behalf of a female student. According to a report by the South China Morning Post (SCMP), the incident occurred at Zhongnan University of Economics and Law in Wuhan, Hubei province. A university exam impersonation case went viral after a man disguised as a woman was caught.(Representational image/Unsplash) (Also read: Indian engineering student reveals life inside hostel in China: 'This gives me major C-drama vibes') Suspicions raised during exam The scandal unfolded on June 24 when a netizen posted about a suspected case of cheating during a senior-level accounting exam. 'I heard someone was caught impersonating a candidate during the senior accounting exam this morning? Apparently, it was a man dressed as a woman?' the post read. The post, accompanied by online images, quickly gained traction, sparking widespread discussion. Social media users were both amused and alarmed, with one noting, 'He wore a wig, face mask and even a headband – the effort was insane.' Disguise fails to fool invigilator Despite the elaborate disguise, the man's ruse fell apart when a vigilant teacher noticed something off about the wig, reportedly describing it as 'too obvious.' Upon being asked to remove it, the impersonator fled the examination room immediately. Adding to the embarrassment, another student in the room is said to have recognised the man and disclosed his real identity to authorities. University confirms disciplinary action In a statement released on June 25, the university confirmed the incident. It stated that a female student, identified only by her surname Li, had arranged for the man—whom she met via an online platform—to impersonate her in the Advanced Accounting examination. (Also read: 'Is China a vegetarian's worst nightmare?': Indian shares reality of eating veg in viral video) Although it remains unclear whether any payment was involved, the university confirmed that Li faces expulsion for academic misconduct. The identity of the male impersonator is currently under investigation by both the university and relevant local authorities.
Yahoo
15-04-2025
- Business
- Yahoo
China debates how to handle criminal crypto cache
SHANGHAI ((Reuters)) - China's growing pile of cryptocurrencies seized from illegal transactions is prompting local governments to find ways to dispose of the hoard and spurring calls from courts and the financial industry for better regulation. Lawyers said the lack of rules around how authorities should handle seized bitcoin and other tokens, whose trading is banned on the mainland, has spawned inconsistent and opaque approaches that some fear could embolden lawbreakers and foster corruption. Together with senior judges and police, attorneys are debating changes to rules they said will soon change the way confiscated virtual currencies are treated. That could be a game-changer for China's crypto industry, and comes at a time of heightened Sino-U.S. tensions in Donald Trump's second presidency, coinciding with Trump's plans to deregulate cryptocurrencies and build a bitcoin reserve. Crypto trading is banned in China, and digital tokens are not recognized as legal tender or assets there. But local governments have been using private companies to sell seized digital coins in exchange for cash to replenish public coffers strained by a slowing economy, according to transaction and court documents seen by Reuters. Such disposals are "a makeshift solution that, strictly speaking, is not fully in line with China's current ban on crypto trading," said Chen Shi, a professor at the Zhongnan University of Economics and Law. Better supervision is pressing as the number of cases and amounts of money balloons, said Chen, who attended a seminar in January to discuss the issue with various officials. Guo Zhihao, a Shenzhen-based lawyer who also attended the seminar, said China's ban on crypto trading conflicts with local authorities' need to liquidate seized digital currencies. Guo, a senior partner at Beijing Yingke Law Firm, thinks China's central bank is better positioned to handle the cryptocurrencies, and should either sell them overseas or build a crypto reserve from seized tokens like Trump plans to. The seminar, one of several held in recent months, was open to all suggestions and does not guarantee implementation of any. But participants and market players say near consensus is emerging on the need to allow judicial recognition of cryptocurrencies as assets and a uniform procedure to dispose of seized virtual currencies. SURGING CRIMINAL CASES Discussions have heated up this year alongside a surge in criminal cases in China involving cryptocurrencies, ranging from internet fraud to money laundering and illegal gambling. Money involved in crypto-related crimes surged 10-fold to 430.7 billion yuan ($59 billion) in 2023, according to blockchain security firm SAFEIS. Last year, China sued 3,032 people involved in crypto-related money laundering, according to the country's top procurator. The number of busted crypto crimes has coincided with a jump in local governments' penalty and confiscatory incomes, which hit a record 378 billion yuan in 2023, a 65% rise in five years, according to official public budget data. Liu Honglin, a lawyer who advises local governments on crypto-related issues, said seized cryptocurrencies have become a major contributor to local finances in some cities, where digital coins - which can be transferred easily and anonymously across borders - are increasingly popular tools for criminals. But there are no rules regulating private companies that help local governments with the disposal, something that needs to change, Liu said. Jiafenxiang, a Shenzhen-based technology company, has sold cryptocurrencies worth more than 3 billion yuan in offshore markets since its founding in 2018, on behalf of local governments including those of Xuzhou, Hua'an and Taizhou cities in China's eastern Jiangsu province, according to a document seen by Reuters. The U.S. dollar proceeds are then exchanged into yuan through local banks, before being transferred into the accounts of local finance bureaus, according to transaction records. Jiafenxiang declined to comment. The local governments of Xuzhou, Hua'an and Taizhou didn't return Reuters requests for comment. China's local governments held an estimated 15,000 bitcoins worth $1.4 billion at the end of last year, ranking the state as the world's 14th biggest holder of the cryptocurrency, said bitcoin investment firm River. HIGHLY PROFITABLE Blockchain service provider Bit Jungle said it is legitimate for private companies to help local governments dispose of cryptocurrencies, as long as they ensure safety of the assets, sell them through licensed offshore exchanges, and comply with capital management rules. "It is a highly profitable business that attracts more and more participants," said Sun Jun, a crypto-focused lawyer and a senior partner at Shanghai Landing Law Offices. Sun suggests China clarifies the property attributes of virtual currencies, set up an agency or a system for cryptocurrency disposal, and vet third-party companies. Ru Haiyang, co-CEO at Hong Kong's largest licensed crypto exchange HashKey, said China might want to borrow from Trump's playbook and keep forfeited bitcoins as strategic reserve, with the central government consolidating asset disposals. Winston Ma, adjunct professor at NYU Law School and a former managing director of China Investment Corp (CIC), also sees the benefit of dealing with seized crypto in a centralised manner, such as setting up a crypto sovereign fund in Hong Kong, where crypto trading is allowed. "A more centralised management would help China maximize the value of the seized cryptocurrencies," Ma said. ($1 = 7.3075 Chinese yuan renminbi) Sign in to access your portfolio
Reuters
15-04-2025
- Business
- Reuters
China debates how to handle criminal crypto cache
Summary China debates rules on handling seized cryptocurrencies Local governments use private firms to sell seized crypto for cash Surge in crypto crimes boosts local government finances SHANGHAI, April 16 ((Reuters)) - China's growing pile of cryptocurrencies seized from illegal transactions is prompting local governments to find ways to dispose of the hoard and spurring calls from courts and the financial industry for better regulation. Lawyers said the lack of rules around how authorities should handle seized bitcoin and other tokens, whose trading is banned on the mainland, has spawned inconsistent and opaque approaches that some fear could embolden lawbreakers and foster corruption. Together with senior judges and police, attorneys are debating changes to rules they said will soon change the way confiscated virtual currencies are treated. That could be a game-changer for China's crypto industry, and comes at a time of heightened Sino-U.S. tensions in Donald Trump's second presidency, coinciding with Trump's plans to deregulate cryptocurrencies and build a bitcoin reserve. Crypto trading is banned in China, and digital tokens are not recognized as legal tender or assets there. But local governments have been using private companies to sell seized digital coins in exchange for cash to replenish public coffers strained by a slowing economy, according to transaction and court documents seen by Reuters. Such disposals are "a makeshift solution that, strictly speaking, is not fully in line with China's current ban on crypto trading," said Chen Shi, a professor at the Zhongnan University of Economics and Law. Better supervision is pressing as the number of cases and amounts of money balloons, said Chen, who attended a seminar in January to discuss the issue with various officials. Guo Zhihao, a Shenzhen-based lawyer who also attended the seminar, said China's ban on crypto trading conflicts with local authorities' need to liquidate seized digital currencies. Guo, a senior partner at Beijing Yingke Law Firm, thinks China's central bank is better positioned to handle the cryptocurrencies, and should either sell them overseas or build a crypto reserve from seized tokens like Trump plans to. The seminar, one of several held in recent months, was open to all suggestions and does not guarantee implementation of any. But participants and market players say near consensus is emerging on the need to allow judicial recognition of cryptocurrencies as assets and a uniform procedure to dispose of seized virtual currencies. SURGING CRIMINAL CASES Discussions have heated up this year alongside a surge in criminal cases in China involving cryptocurrencies, ranging from internet fraud to money laundering and illegal gambling. Money involved in crypto-related crimes surged 10-fold to 430.7 billion yuan ($59 billion) in 2023, according to blockchain security firm SAFEIS. Last year, China sued 3,032 people involved in crypto-related money laundering, according to the country's top procurator. The number of busted crypto crimes has coincided with a jump in local governments' penalty and confiscatory incomes, which hit a record 378 billion yuan in 2023, a 65% rise in five years, according to official public budget data. Liu Honglin, a lawyer who advises local governments on crypto-related issues, said seized cryptocurrencies have become a major contributor to local finances in some cities, where digital coins - which can be transferred easily and anonymously across borders - are increasingly popular tools for criminals. But there are no rules regulating private companies that help local governments with the disposal, something that needs to change, Liu said. Jiafenxiang, a Shenzhen-based technology company, has sold cryptocurrencies worth more than 3 billion yuan in offshore markets since its founding in 2018, on behalf of local governments including those of Xuzhou, Hua'an and Taizhou cities in China's eastern Jiangsu province, according to a document seen by Reuters. The U.S. dollar proceeds are then exchanged into yuan through local banks, before being transferred into the accounts of local finance bureaus, according to transaction records. Jiafenxiang declined to comment. The local governments of Xuzhou, Hua'an and Taizhou didn't return Reuters requests for comment. China's local governments held an estimated 15,000 bitcoins worth $1.4 billion at the end of last year, ranking the state as the world's 14th biggest holder of the cryptocurrency, said bitcoin investment firm River. HIGHLY PROFITABLE Blockchain service provider Bit Jungle said it is legitimate for private companies to help local governments dispose of cryptocurrencies, as long as they ensure safety of the assets, sell them through licensed offshore exchanges, and comply with capital management rules. "It is a highly profitable business that attracts more and more participants," said Sun Jun, a crypto-focused lawyer and a senior partner at Shanghai Landing Law Offices. Sun suggests China clarifies the property attributes of virtual currencies, set up an agency or a system for cryptocurrency disposal, and vet third-party companies. Ru Haiyang, co-CEO at Hong Kong's largest licensed crypto exchange HashKey, said China might want to borrow from Trump's playbook and keep forfeited bitcoins as strategic reserve, with the central government consolidating asset disposals. Winston Ma, adjunct professor at NYU Law School and a former managing director of China Investment Corp (CIC), also sees the benefit of dealing with seized crypto in a centralised manner, such as setting up a crypto sovereign fund in Hong Kong, where crypto trading is allowed. "A more centralised management would help China maximize the value of the seized cryptocurrencies," Ma said. ($1 = 7.3075 Chinese yuan renminbi)
