Advertisement

Chinese police arrest 56 suspects in connection to a $1.1 bn gambling ring

The investigation into the gambling website was launched in January 2016 after a tip-off.

Advertisement
|Aug 20, 2018, 07:35:28 IST
Police in eastern China have busted a 7.8 billion yuan ($1.1 billion) online gambling ring and arrested 56 suspects, the official Xinhua news agency reported on 19 August.The suspects are accused of making illegal profits of 650 million yuan from the Philippines-based platform, which had more than 114,000 users, Xinhua said, citing police in Jiangsu province.[caption id="attachment_4660821" align="alignnone" width="1280"]Representational image.

Representational image.[/caption]The investigation into the gambling website was launched in January 2016 after a tip-off, the report said, adding that four of the prime suspects were traced through bank card information.Calls to police in Jiangsu seeking comment went unanswered.Casino gambling is illegal in mainland China, with budding punters having to travel to the special administrative region of Macau that borders southern China’s Guangdong province.Fifty suspects in the online gambling case were arrested in Shanghai, Fujian, Zhejiang and Guangdong, Xinhua said, while another six returned to China from the Philippines and handed themselves in. They are now being transferred for prosecution.

Handpicked stories, in your inbox
Global stories. Indian perspective. Zero noise.
No Spam. Unsubscribe Any Time.
First Published:Aug 20, 2018, 07:35:28 IST
Advertisement
Advertisement
Trending Stories

China's Kimi K3 challenges US AI leaders with frontier-level performance at lower cost

Chinese artificial intelligence startup Moonshot AI has unveiled its latest open-weight AI model, Kimi K3, with early results suggesting it could compete with some of the world's most advanced AI systems developed by leading US companies
2 min read
Advertisement
Advertisement
Up Next