62 arrests in telecom fraud case

Police in Guizhou Province have arrested 62 people for committing what they believe is the biggest telecom fraud case China has ever seen.

The 62 people, including 10 from Taiwan, are suspected of defrauding 117 million yuan (about 17.99 million U.S. dollars) from the construction bureau of an economic development zone in Duyun City.

The bureau reported the loss of the money from its bank account to police on Dec. 29.

The bureau's finance supervisor, surnamed Yang, was contacted by several people claiming to be police officers, bank staff and procurators, saying the account Yang managed needed reviewing and directing Yang to download software from a website so they could access the bureau's account.

Police said the fraud was masterminded by Taiwanese who recruited people from the Chinese mainland to make fraudulent phone calls from Uganda.

Source: XINHUA