Tag Archives: Ministry of Public Security

Chinese Police bust 500 billion yuan online betting syndicate

SBC News Chinese Police bust 500 billion yuan online betting syndicate

China’s Federal police force have busted a multinational online gambling syndicate reported to have wagered more than 500 billion yuan (£52 billion) in bets and with a customer base of nearly a million registered members. The arrests were ordered by China’s Ministry of Public Security under fraud investigation Opertion 109. Local news sources report that the investigation into the syndicate …

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