The Rise of Cloud Farming Fraud: Protecting Agricultural Integrity in a Digital Age

On 27/01/2025, the Agriculture and Rural Department, Financial Supervisory Bureau, Public Security Bureau, and Market Regulation Total Bureau issued a joint statement regarding fraud risks in the "cloud-based economy" sector. The authorities highlighted three key characteristics of fraudulent activities in this sector: The document outlines the features of fraudulent activities in the "cloud-based economy" sector, including exaggerated investment returns, use of internet and mobile apps for operations, and various illegal financial activities.