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Police crack online pyramid scheme involving 480 people(2/6)

2016-11-02 14:43 Ecns.cn Editor:Yao Lan
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A crackdown on pyramid selling in Guangdong province has led to hundreds of arrests and asset seizures. The operation, code named Jufeng 21, involved more than 480 suspects in 60 separate cases worth a combined total of 2 billion yuan ($295 million), according to Wu Wuqiang, deputy director of Guangdong provincial department of public security's economic criminal investigation bureau. "Police have also frozen 550 bank accounts, houses and stores owned by the illegal pyramid sales gangs," Wu told a news conference in Guangzhou on November 1, 2016.(Photo/CFP)

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