More than 300 detained in telecom, internet fraud

LANZHOU -- 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) 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.