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Last updated at: (Beijing Time) Tuesday, April 02, 2002

Chinese Police Crack Counterfeit Invoice Network

Chinese police have recently cracked a criminal counterfeiting network which made false value-added tax invoices and other bills and receipts.


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Chinese police have recently cracked a criminal counterfeiting network which made false value-added tax invoices and other bills and receipts.

The network was uncovered during a nationwide campaign which began August 1 last year to crackdown on forging, selling and printing counterfeit value-added tax invoices and bills,

The exposed criminal network printed counterfeit invoices in Wenzhou and Taizhou, two cities in east China's Zhejiang Province,and distributed them in Beijing, and Shanxi and Guangdong Provinces.

According to Zhang Tao, deputy director of the Bureau of Economic Crime Investigation under the Ministry of Public Security,as many as 29 printing spots for fake bills have been uncovered and ten invoice-related criminal gangs seized during the eight-month action.

In Taizhou, 16 fake invoice-printing locations have been rootedout, some 170,000 invoices and bills confiscated and 81 suspects seized, said a local police officer.

The relevant cases involve a value of 3.3 billion yuan (about 399 million U.S. dollars) including the evading of taxes value of 450 million yuan (about 54.4 million U.S. dollars).

In early 2000, police in Beijing, and Guangdong, Shanxi and Hebei provinces founded that many suspects involved in invoice-related criminal activities were from Taizhou.

On May 10 of last year, local police in Taizhou uncovered a criminal gangs suspected of writing valued-added tax invoices, which initiated the nationwide campaign against invoice-related crimes.


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