World News | Over 300 Detained in Telecom, Internet Fraud in China
Get latest articles and stories on World at LatestLY. Police have detained more than 300 suspects in connection to a huge telecommunications and internet fraud case in northwest China's Gansu Province.
Lanzhou [China], July 4 (ANI/Xinhua): Police have detained more than 300 suspects in connection to a huge telecommunications and internet fraud case in northwest China's Gansu Province.
Police in the provincial capital Lanzhou launched an investigation after receiving a report in May about an alleged scam involving investment in a film project. They later found a gang headed by a suspect surnamed Zhao. The gang members set up companies in several localities in China and deceived the victims to invest in their scheme.
In a raid in June, police detained the suspects, froze more than 15.5 million yuan (about 2.4 million U.S. dollars) of capital, and confiscated seven high-end cars, more than 1,000 mobile phones and more than 350 computer hard drives.
Further investigation into the case continues. (ANI/Xinhua)
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