Telecom fraud fight to intensify
Chinese police have captured more than 2,700 suspects and uncovered 8,000 cases involving cross-border telecom fraud since 2016, a senior official from the Ministry of Public Security said.
In addition, the ministry has sent special working teams abroad to assist in investigating transnational telecom swindling 29 times. They destroyed more than 180 fraud dens and the amount of money involved was up to 1 billion yuan ($151 million), Chen Shiqu, deputy director of the ministry's Criminal Investigation Bureau, told China Daily.
"Telecom fraud has seriously violated the legitimate rights of the victims, destroyed the normal market order and the market credit environment, which has posed a serious risk to sustainable development of the economy and social stability," he said.