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...