Rich areas of the city attract scammers

The areas of Beijing with the highest property prices also have the largest number of fraud cases in the city, likely because scammers are targeting more affluent areas, according to a local newspaper.

China South Industries Group Corp (CSGC) recently bought a piece of land in Dongsheng town in Haidian district for 28, 308 yuan per sq m, which edges out a development in Dawangjing village (bought by the Sino-Ocean Land real estate company for 27,500 yuan per sq m) as the most expensive piece of property in the city.

But police say 20 fraud cases were reported in Dawangjing village, accounting for 62.5 percent of all criminal cases in the area in 2009, the Mirror Evening News reported on Monday.