Latest News:  
Beijing   Overcast/Sunny    12 / 1   City Forecast

People's Daily Online>>China Society

China arrests 300 over contract frauds


16:20, March 23, 2012

BEIJING, March 23 (Xinhua) -- Chinese police in the cities of Hefei, Wuhan and Chengdu have arrested more than 300 suspects for a number of contract fraud cases involving over 10 million yuan (1.59 million U.S. dollars), the Ministry of Public Security announced on Friday.

Police in the three cities busted 13 groups and over 40 companies suspected of contract fraud crimes, and closed 90 illegal sites for such crimes in the past few weeks, the ministry said in a statement.

The actions are part a campaign that police launched at the start of March to crack down on economic crime.

Contract fraud involves intentional misrepresentation to deceive the victims into entering into contracts.

In most of the cases, the suspects persuaded the victims to become their franchised outlets or producing contractors, took the victims' money as "equipment fees" or "training fees" and refused to repurchase the products as they previously promised.


Leave your comment0 comments

  1. Name


Selections for you

  1. 42-gram Chihuahua to be world's smallest dog

  2. Severe drought has lingered in Yunnan for 3 years

  3. Century-old Nanjing W. Railway Station to go into history

  4. Yunnan forest fire rekindled

Most Popular


  1. Prevent nuclear terrorism
  2. Conditions needed for Annan's peace mission
  3. Will Syria crisis be transformed into an opportunity?
  4. Chinese economy will not suffer a hard landing
  5. Monk move in Nansha Islands new ploy by Vietnam
  6. Protectionism cannot save U.S. auto industry
  7. China continues to promote peace in Afghanistan
  8. Nuclear security cooperation
  9. Arms race will happen, but who to blame?
  10. Why China can't persuade N.Korea alone

What's happening in China

Beijing issues blue alarm over strong wind

  1. E-commerce platform unfreezes users' accounts
  2. Large ancient tomb complex found in C. China
  3. Free gold for villagers in Jiangsu
  4. Fall of 70% in homes for sale
  5. Ministry drags on tobacco control

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai