Police swoop on antique scammers
Print Edition
ARREST warrants have been issued for 213 people suspected of involvement in con games targeting antique sellers and collectors, the Shanghai People’s Procuratorate said yesterday.
The suspects include 55 people who allegedly pretended to be legal representatives, shareholders or general managers of bogus antique appraisal institutes or auction houses, 121 senior officials, and 9 professional appraisers, according to the procuratorate.
The suspects rented high-end offices and registered fake auction houses or appraisal institutes, claiming to be dealing in antiques.
They recruited employees to carry out online or telephone promotions to lure potential antique buyers or sellers, who would be asked to pay a high appraisal fee on the items they were buying or selling, the procuratorate said.
In a case pursued by the Shanghai People’s Procuratorate, a gang led by suspects surnamed Lu and Liu hired actors in Hong Kong and Singapore to help stage several fake auctions and exhibitions targeting antique collectors.
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