Fraud case ends with 4 in prison
Four people were sentenced from three to 14 years in prison for cheating eight victims out of more than 8.2 million yuan (US$1.31 million), Changning District People's Court said yesterday.
Prosecutors said the four convicts had told victims they had been hired to demolish a building owned by Baosteel Group. They then agreed to subcontract the work to the victims and collected a deposit up front.
Yang Shiqian, who invented the scam, defrauded more than 5 million yuan from four victims from August 2009 to December 2010. He and his accomplices cheated the other four victims out of 3.2 million yuan in October and November 2010.
Yang's accomplices were caught in December 2010 and sentenced from three to six years in jail. They returned the 3.2 million yuan. Yang was caught in July, but police failed to retrieve the remaining 5 million yuan. He was also fined 500,000 yuan.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.