China arrests bogus 'investigator'

Police say suspect tried to link victims to $1.3 bn fraud scandal.

    Financial crimes are increasing amid China's vibrant economy.


    Investigators chasing the alleged blackmailer say they tracked him down through banking records to ATM machines near his home in the northern province of Hebei.
     
    Police said they found unsent letters and government directories in the man’s house but were unsure if any of the blackmail victims had paid him any money.
     
    According to the Yanzhao Metropolis Daily, the man was suspected of blackmailing managers of the country’s top appliance maker Haier Group in 2003.
     
    Cases of extortion feature regularly in the Chinese media where blackmailers randomly pick officials, create allegations of corruption and demand money in return for their silence.

    SOURCE: Agencies


    YOU MIGHT ALSO LIKE

    Survivor stories from Super Typhoon Haiyan

    Survivor stories from Super Typhoon Haiyan

    The Philippines’ Typhoon Haiyan was the strongest storm ever to make landfall. Five years on, we revisit this story.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    We Are Still Here: A Story from Native Alaska

    We Are Still Here: A Story from Native Alaska

    From Qatar to Alaska, a personal journey exploring what it means to belong when your culture is endangered.