17 illegal online lending platform suspects return from Thailand

Source: Xinhua| 2018-10-27 02:26:39|Editor: Liangyu
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CHINA-GUANGZHOU-ECONOMIC CRIME SUSPECTS (CN)

Economic crime suspects are escorted to arrive at Guangzhou Baiyun International Airport in Guangzhou, capital of south China's Guangdong Province, Oct. 26, 2018. Seventeen fugitives suspected of illegal fundraising via online lending platforms returned to Guangzhou from Thailand on Friday. Since June, a number of senior managers running illegal online peer-to-peer lending platforms have fled overseas due to a capital crunch. The Ministry of Public Security has thus dispatched specialized working units overseas to catch these economic crime suspects. (Xinhua/Zhang Jiayang)

GUANGZHOU, Oct. 26 (Xinhua) -- Seventeen fugitives suspected of illegal fundraising via online lending platforms returned to Guangzhou from Thailand on Friday.

One major fugitive surnamed Wang is suspected of defrauding the public of bank deposits, while another surnamed Zhan is suspected of fraudulent fundraising, according to the Ministry of Public Security (MPS).

In the last three months, the MPS has worked with police and migration departments overseas, to capture over 40 fugitives suspected of illegal fundraising via online lending platforms.

Since June, a number of senior managers running illegal online peer-to-peer lending platforms have fled overseas due to a capital crunch. The MPS has thus dispatched specialized working units overseas to catch these economic crime suspects.

China will step up efforts related to international law enforcement cooperation so as to crack down on economic crime fugitives, the MPS said.

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