Suspected fraudster brought back from Indonesia

A fugitive suspected of conning Chinese coin collectors out of 600 million yuan ($88 million) has been brought back to China after being detained in Indonesia.

Song Miqiu, who also goes by the name Zhang Jian, is accused of selling fake shares in his company and running a pyramid scheme, according to a statement from the Ministry of Public Security on Tuesday.

Since November 2012, Song allegedly led a group in hawking wuxingbi, which he touted as a collectible gold coin that would rise sharply in value, the ministry said. The public security authority in Hunan province launched an investigation into Song's operation in December 2013, which prompted the suspect to flee abroad, it said.