SPP orders tougher enforcement against financial e-frauds

Prosecuting departments will begin placing special emphasis on investigating financial fraud conducted via online platforms, particularly pyramid schemes, the Supreme People's Procuratorate said on Wednesday.

The top prosecuting department issued an order for a serious probe into fraudulent moneymaking schemes that are conducted via the internet. It is also requiring a thorough investigation of crimes committed in the financial sector by people in key positions.

"Financial crimes have seriously undermined the country's economic security and damaged the financial order, and we will take a zero-tolerance attitude toward fighting such crimes," a statement provided by the SPP on Wednesday said.